TWO PARTY CHECK Definition

Bookmark and Share

TWO PARTY CHECK is a check made out from one individual to another, i.e. only two entities are involved in the transaction.

Learn new Accounting Terms

SOP is Statements of Position (within the AICPA or FASB) or Standard Operating Procedure.

GROSS SALES is the total revenue at invoice value prior to any discounts or allowances. See also GROSS REVENUE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.