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A counting house, or counting room, was traditionally an office in which the financial books of a business were kept. It was also the place that the business received appointments and correspondence relating to demands for payment.
As the use of counting houses spread in the 19th century, so did their reputation as being often uncomfortable and dreary places to work.
A counting house, or counting room, was traditionally an office in which the financial books of a business were kept. It was also the place that the business received appointments and correspondence relating to demands for payment.
As the use of counting houses spread in the 19th century, so did their reputation as being often uncomfortable and dreary places to work.
See also
*Accounts payable
Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payabl ...
* Count room
Count (feminine: countess) is a historical title of nobility in certain European countries, varying in relative status, generally of middling rank in the hierarchy of nobility. Pine, L. G. ''Titles: How the King Became His Majesty''. New York: ...
, a secure room for counting cash
* Exchequer
In the civil service of the United Kingdom, His Majesty’s Exchequer, or just the Exchequer, is the accounting process of central government and the government's '' current account'' (i.e., money held from taxation and other government revenu ...
* Factory (trading post)
Factory was the common name during the medieval and early modern eras for an entrepôt – which was essentially an early form of free-trade zone or transshipment point. At a factory, local inhabitants could interact with foreign merchants, o ...
, a fortified settlement for the counting houses of overseas merchants
References
{{DEFAULTSORT:Counting House Business terms Accounting systems Rooms