glossary

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öffnet größere Ansicht, auf dem im FrachtPilot der Lagerbestand mit allen wichtigen Informationen geöffnet ist

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Account reconciliation | Account reconciliation

During account reconciliation, accounting compares data to verify accuracy and completeness. What exactly is that?

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Advance sales tax return

What is the advance sales tax return, who must file it and when is it due? We'll answer all of your questions.

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App Fatigue | App Fatigue

What is app fatigue or app fatigue and how can you counteract it? Find out 4 reasons why you don't need an app for everything.

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Application programming interface - API

API stands for Application Programming Interface, i.e. the interface for communication between the components of modularized software.

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AWS servers

AWS stands for Amazon Web Services and is the most frequently used cloud provider worldwide. He has been doing cloud computing since 2006.

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Balance

Balance describes the difference between debit and credit. In double bookkeeping, he is also a settlement post. Find out more about it here.

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Balance sheet

The balance sheet represents the value of your company and is not least important for profit calculation and documentation.

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Business transactions

A business transaction is a transaction to which a specific value is attributed. Find out why they are central to accounting.

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Buyer Persona

Buyer personas or customer avatars represent your target group. How does it help you optimize your marketing and business?

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Call-to-action

What is a call-to-action (CTA) and what is your goal in designing it — in a way that matches your conversion?

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Cancellation invoice

With cancellation invoices or correction invoices, you make changes to the original invoice if it is incorrect.

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Cash book

All transactions that influence profit and turnover must be submitted to the tax office, including cash payments in the cash book. Find everything you need to know here.

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Cash register system

Modern cash register systems have largely replaced conventional cash registers due to their wide range of functions.

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Chargeback

Chargebacks occur when an account is not sufficiently funded when charged. Find out exactly how they work here.

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Chart of accounts

An account plan is an individual overview of account classes and groups, tailored to your company from a standard account framework.

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Chart of accounts

Charts of accounts, or standard charts of accounts, are used to systematize your accounting by creating individual charts of accounts.

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Circular economy

Circular economy should avoid waste and reduce the mining of raw materials. At the same time, the value of products is retained for a long time.

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Cloud computing

Cloud is an abbreviation of cloud computing, where you store data not on site but in remote data centers. You can find out more about this here.

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Commercial register

The commercial register is maintained by district courts and has been digitally and centrally accessible since 2007 to obtain information about companies.

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Consignment warehouse

Consignment warehouses or consignment warehouses are warehouses owned by a supplier. The purchasing company does not have to store the goods itself.

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Current account

In accounting, a current account is a current account to manage transactions between business partners. Find out more with us.

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Customer Centricity

Customer centricity is a corporate strategy for meeting customer requirements. Why is customer orientation so important?

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Delivery “free curb”

Free curb delivery differs from standard delivery to the front door, with the goods being received from the curb.

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Depreciation

Depreciation relates to machines with high purchase costs and a long useful life, which have an impact on profit and taxes.

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Double bookkeeping | Double

Double or double bookkeeping is mandatory for companies. Find out here what this means specifically for your company and what exceptions there are.

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Dropshipping | Direct Delivery

Dropshipping or drop shipping is a type of online trade. The order is received by the provider and the shipment is carried out by wholesalers.

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Dynamic pricing

Dynamic pricing or dynamic pricing — what is behind highly fluctuating gas prices and expensive concert tickets?

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E-bill

Electronic invoices are purely semantic, structured data sets in XML format that replace invoices as PDF or on paper.

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E-commerce

E-commerce or online trade involves buying and selling products and services on the Internet. That's how you get started!

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E-food

E-food or online grocery retail is conceptually derived from e-commerce. Find out how e-commerce has changed our eating habits.

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ERP software

ERP in ERP system stands for enterprise resource planning and digitally maps business processes in a program and optimizes them.

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Existing and income account

Accounting is divided into inventory accounts and income accounts. What is what and what are the differences?

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Financial statements

The annual financial statements provide information about the overall economic situation of your company and consist of a balance sheet and income statement.

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Front-end - back-end

Frontend and backend are two levels of an app or page. We come into contact with front-ends every day, but what is behind the software that we use every day?

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GoBD compliant

The GoBD, the principles for the proper management of books and tax-relevant documents, affect all business processes.

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inbound marketing

Inbound marketing is a marketing strategy that focuses on content and is tailored to the target group to retain customers. How do you do that for

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Inventory

Inventory is the inventory of your assets and liabilities and forms the basis for your balance sheet.

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Invoice

What is invoicing and how does it differ from invoicing and invoices? Find out the most important things about accounting documents here.

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Item number

Every item in retail and online retail requires a unique item number. What exactly do I have to pay attention to?

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Legal entities

Everyone becomes a natural person at birth. On the other hand, what are legal entities and what characterize them? We create clarity.

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Liberal professions

If you want to become self-employed, you can work as a freelance profession or as a business. Find out about legal forms, requirements and much more here.

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Multi-carrier shipping

Multi-carrier shipping means that customers have various shipping service providers to choose from in an online shop, which has several advantages. We have the most important information.

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Nutri-Score

The Nutri-Score has been able to be used in Germany since 2020. It is voluntary, but is endorsed by scientists. However, you can find out what the label really means here.

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Organic seal

More and more people pay attention to organic labels or similar when shopping. Find out here exactly what the protected name tells you about your purchase.

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Partnerships

What are partnerships as opposed to a corporation and what advantages does it have in terms of taxes, liability and incorporation?

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Payroll

Payroll creates payroll accounts for employees and is therefore the intermediary between them and social security institutions.

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Picking

Commissioning is the combination of goods or articles to form an order. There are various methods for this.

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Pick-up station

Pick-up stations are now available in all sorts of designs for a wide variety of products. What are the benefits of pick-up stations?

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Price dumping

Price dumping usually occurs in connection with exports. Find out more about the topic and why there are punitive tariffs on price dumping here.

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Profit and loss statement (P&L)

What is the profit and loss statement? Who must carry them out and who is exempted from the obligation? What do I have to consider when creating?

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Profit surcharge

The profit surcharge is independent of profit and is added to the selling price to cover cost. Here you'll find everything you need to know.

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Proforma invoice

Pro forma invoices serve as documents in accounting and, in contrast to commercial invoices, do not contain a request for payment.

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PWA - Progressive Web App

PWA stands for Progressive Web App, which combines the features of an app and a website. What does it look like and how does it work?

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Q-Commerce - what are the advantages of fast delivery?

Q-commerce, also known as quick commerce or rapid delivery, is a development of e-commerce with delivery times of one hour or a few to make everyday items available quickly and conveniently.

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Regionality

Products from the region - why is the origin still unclear and what does regionality have to do with marketing?

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REST API

REST API or Representational State Transfer is a programming interface for web-based applications. How and why is it frequently used? We'll explain it to you!

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Reusable packaging

The most common packaging is disposable packaging — sometimes with a deposit system. What is the advantage of reusable packaging?

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Route planning software

We encounter indirect route planning software very often in everyday life. What is actually behind the software that delivery services use?

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SaaS - Software-as-a-Service

Saas stands for software-as-a-service and basically describes application software that is hosted in the cloud.

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Sales tax identification number

What is the sales tax identification number, who needs it and why? Find out all important details about the sales tax ID here!

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Seasonality

Seasonality is not the same as regionality, but it is also a sustainability trend among consumers to eat more consciously. Find out more about this here.

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Self-costs

Cost forms the basis for the selling price. In this post, you will learn, among other things, how to calculate them.

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Sentiment analysis - what's the point of the hype surrounding sentiment analyses?

Large amounts of text require efficient recording of customer opinions and reviews so that companies quickly get an overview of how their customers feel about the products on various platforms.

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Share of voice - what is the real benefit of the analysis?

Share of Vice (SOV) is a marketing indicator that measures the visibility of a brand on various channels and indicates the market share of mentions compared to competitors.

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Should and have

In accounting, debit and credit has nothing to do with having to or owning something, but how amounts are posted. Find out more in our article.

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Small businesses

Small businesses are a legal form for sole proprietorships and civil law companies. But what does that mean exactly?

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Small businesses

Small businesses fall below turnover limits and enjoy special tax regulations that are independent of the legal form.

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SMEs - small and medium-sized enterprises

SMEs or small and medium-sized enterprises employ a maximum of 249 people and do not generate more than 50 million euros in turnover.

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Societas Europaea (SE) | European Society

Societas Europaea, abbreviated SE, or European (Aktiengesellschaft) Gesellschaft is a form of capital company. Find out what makes them so special here!

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Storage costs

In almost every company, storage costs are due to raw materials, spare parts or products. Find out here what you can keep in mind.

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Storytelling

What is storytelling, how does it work and what is behind it? Find out here why it's helpful to use storytelling in marketing.

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Subscription order

Subscription orders or subscriptions are available today for all sorts of industries and products. What advantages and disadvantages does this have for your company?

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SWOT analysis

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. What can my product do and what opportunities and risks does the market offer?

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Technical safety device - TSE

Since 2020, cash registers and modern cash register systems must have a technical security device (TSE). What does TSE do?

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Two-factor authentication

Wherever you log in and sensitive data is stored, you should double protect your account using 2-factor authentication.

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Use of goods

The use of goods and the rate of use of goods are important indicators for a company, as they reflect its business activities.

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User Experience (UX)

User experience (UX) describes the user experience, which is about more than just use. Which components are involved exactly?

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USP | Unique Selling Point

USP stands for Unique Selling Point or Proposition. It describes the unique selling point of a product. Find out here why it is so important and how to find yours.

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Value chain

A value chain is a model that depicts operational processes in order to determine the values of the steps towards the product.

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Vat

Value added tax falls under the Sales Tax Act. It is an excise tax and, depending on the perspective, equal to sales and input tax.