Jóváírásra

Jóváírásra is a Hungarian term that translates to "credit" or "crediting" in English. It refers to the process of adding a sum of money to an account, typically a bank account, customer account, or a ledger. This can occur in various financial and commercial contexts.

In banking, jóváírásra happens when funds are deposited into a bank account. This might be from a salary payment, a transfer from another account, or the repayment of a loan. The account holder sees the deposited amount reflected as a positive balance.

In retail and e-commerce, jóváírásra can refer to a credit note issued to a customer. If a customer returns an item or a service was not rendered as agreed, a business might issue a jóváírásra that can be used towards future purchases instead of a cash refund. This keeps the revenue within the business.

In accounting, jóváírásra is used when recording a credit entry in a double-entry bookkeeping system. A credit entry typically signifies an increase in liabilities, equity, or revenue, or a decrease in assets or expenses. It is the opposite of a debit entry, which represents an increase in assets or expenses, or a decrease in liabilities, equity, or revenue. The term emphasizes the act of assigning value or recognition to an account.