tiloitusten
Tiloitusten is a Finnish noun form used mainly in accounting, bookkeeping, and financial administration. It denotes the act or set of postings (kirjamerkinnät) that record a financial transaction in the general ledger. Each tiloitus specifies the affected account, the debit or credit amount, the date, and often a reference to the source document such as an invoice or receipt. In double-entry bookkeeping, a single business transaction typically produces at least one tiloitus on the debit side and one on the credit side, ensuring that the ledger remains balanced.
Usage and scope: The term is commonly used when describing the process of recording transactions, the collection
Etymology and context: Tili means 'account' in Finnish; the suffix -otus forms nouns denoting the act or