Acronym for Global Business Unit

Acronym for Global Costing Control Owner.

It is an internal control role assigned to Business Controller by a GBU finance director. There is at least one GCCO by GBU:

• Validate variance analysis (WP1 only)
• Perform control related to net realization value reserve

Acronym for General Accounting Close.

Acronym for General Ledger.

Acronym for Group Accounting & Reporting.

Acronym for Global Distribution System. Hotel loads the Solvay rate or discount in GDS, meaning the rate can be booked by the travel agency and in the Self Booking Tool.

Acronym for Goods and Services Tax.

Generally accepted accounting principles (GAAP) refer to a common set of accepted accounting principles, standards, and procedures that companies and their accountants must follow when they compile their financial statements.