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What are the essential differences between US/Canadian and UK/International Editions?

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What are the essential differences between US/Canadian and UK/International Editions?

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The main differences between the two editions relate to spellings (labor vs. labour etc.); terminology (stocks vs. inventory etc.); structure of accounts (e.g. layouts of balance sheets differ*); ratio definitions; accommodation of taxes on sales, valued added (VAT) and goods & services (GST); and printer page sizes (European A4 vs. US Letter). Exl-Plan is being used in over a hundred countries with the USA, Canada, UK, Australia and South Africa predominating.

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