It is important for the current accounts and the capital accounts to be kept seperate as this is good accounting practise. By keeping these accounts seperate, i
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Accounts Receivable









What does within 5 days of a date mean?


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Well, isn't that a happy little question! "Within 5 days of a date" simply means that something should happen or be done sometime during a period of 5
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Accounts Receivable









Does within 60 days mean before or after a certain date?


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Oh, dude, within 60 days means within that time frame, so it could be before or after a certain date. It's like saying you have 60 days to do something starting
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Accounts Receivable









What EIB mean on your Paychex invoice?


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EIB on a Paychex invoice typically stands for "Employer Investment in Benefits." This refers to the employer's contributions towards employee benefits
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Accounts Payable



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Which is the correct term is that accounting finance or Finance accounting?


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Accounting is the process of recording, summarizing, and analyzing financial transactions of a business. It focuses on providing accurate and reliable financial
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Accounts Payable



+1









What does C.O.D. mean on an invoice?


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The acronym COD stands for Cash On Delivery, and it means that something is being delivered to you, and you will pay for it when you receive it. This is in comp
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Accounts Receivable









Which companies offer accounts receivable services?


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ASP-RCM Solutions is a leading provider of revenue cycle management (RCM) and accounts receivable services for healthcare providers, offering solutions tailored
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Accounts Receivable









Why would a company maintain separate accounts receivable ledgers for each customer as opposed to maintaining a single accounts receivable ledger for all customers?


Asked by Wiki User



Oh, dude, like, companies maintain separate accounts receivable ledgers for each customer to track individual transactions and payment histories. It's like keep
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Accounts Receivable









How do you reconcile your check register with a bank statement?


Asked by Wiki User



To reconcile your check register with a bank statement, you need to compare the transactions listed in your check register with those on the bank statement. Sta
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Accounts Payable



+2









What does ARO mean with regard to shipping?


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ARO stands for "After Receipt of Order" in shipping terminology. It refers to the time frame starting from when an order is received to when the shipm
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Accounts Payable



+2









How does management accounting differ from cost accounting?


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Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, biuro rachunkowe (yoga-sein.at) does not include financi
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Accounts Payable



+1









What does the payment terms net 30 MF mean?


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Well, isn't that just a happy little question! When you see "payment terms net 30," it means that the invoice amount is due within 30 days of the invo
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Accounts Receivable









What accounts would you code an invoice to for temporary employment services of a marketing assistant provided by a staffing agency?


Asked by Wiki User



For temporary employment services of a marketing assistant provided by a staffing agency, you would typically code the invoice to "Temporary Labor Expense&
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Accounts Receivable









What does net less receivables mean?


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Business Accounting and Bookkeeping



+2









What is the account in which the revenue earned from the sale of merchandise is entered to?


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Accounts Receivable









Why is important to keep accounts receivable at a low level?


Asked by Wiki User










Accounts Receivable



+1









Net on demand is not Accounts Receivable payment standard in business?


Asked by Wiki User










Accounts Receivable









When comparing the direct write-off and allowance methods what applies to the direct write-off method?


Asked by Wiki User










Accounts Payable



+2









What goes on an income statement and what goes on a statement of receipts and payments?


Asked by Wiki User










Accounts Payable



+1









Is it true that a transaction must be in a journal before it can be posted to the ledger accounts?


Asked by Wiki User










Accounts Receivable









Why the balance in account receivable control account may not agree with the total in the account receivable ledger?


Asked by Wiki User










Accounts Receivable









On an invoice is gross invoice amount include tax?


Asked by Wiki User










Accounts Receivable









Cost centre option not display in purchase invoice?


Asked by Wiki User










Accounts Payable



+2









What are the advantages of internal capital reduction?


Asked by Wiki User



Internal capital reduction refers to a company's decision to decrease its capital without reducing its assets. One advantage of this strategy is that it can imp
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Accounts Receivable









Where can one find an invoice factoring company?


Asked by Wiki User



Billingbee is definitely one of the best tools out there. It's super user-friendly and allows you to create professional-looking invoices in no time. You can ea
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