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What is an AR reconciliation?
Assuming "AR" refers to "Accounts Receivable" (an accounting/finance term) it can mean several things. Prinicipally, AR reconciliation has to do with double-checking that the current Accounts Receivable (the invoices that a business has put on their "books" for items and services that have been sold to customers but not yet paid for) actually match up against payments that have been received. In modern businesses, this frequently involves matching up the physical copies of payments or check ledgers from the business's financial institution with the records that the business has kept in their financial management software system. For example, if you see a check that has been deposited into the bank from a given customer for a specific amount (possibly even with an invoice number reference on it) but the financial software still shows that invoice as "unpaid"...then you have found a discrepancy and you "reconcile" it by updating the financial software to reflect that the invoice has, indeed, been paid. Conversely, if you find an invoice in the financial software that has been designated as "paid" but you are UNABLE to find a corresponding financial transaction in your banking ledger where the money was deposited, then you would "reconcile" the two by changing the status of the invoice in the financial system to "unpaid".
What does net 10 mean on invoice?
"Net 10" on an invoice means that the total amount due must be paid within 10 days of the invoice date. It indicates a short payment term, encouraging prompt payment. If the payment is not made within this timeframe, the payer may incur late fees or penalties, depending on the agreement. This term is often used in business transactions to maintain cash flow.
Is this a correct accounting term - Cut an invoice?
yes
What is meant by the term business objective?
A business objective is a goal the business has established. Businesses create objectives so that they can ensure they are moving forward in operations.
What does payable within 60 days due net invoice date mean?
"Payable within 60 days due net invoice date" means that the payment for the invoice is required to be made within 60 days from the date the invoice was issued. The term "net" indicates that the full amount stated on the invoice is due without any deductions. This payment term allows the buyer a specified period to arrange for payment after receiving the invoice.
What is meant by the term business administration program?
There are many things that are meant by the term business administration program. Typically, the term business administration program refers to performance or management business operations.
What is meant by the term shareware?
A program or software that is free to share.
What is meant by business aims?
The long term goals of a business are the aims and the objectives are the short term steps you take to get there.
What is meant by antivirus?
The term anti-virus is used on a lot of software and means that that software gets rid of viruses.
What is an AR reconciliation?
Assuming "AR" refers to "Accounts Receivable" (an accounting/finance term) it can mean several things. Prinicipally, AR reconciliation has to do with double-checking that the current Accounts Receivable (the invoices that a business has put on their "books" for items and services that have been sold to customers but not yet paid for) actually match up against payments that have been received. In modern businesses, this frequently involves matching up the physical copies of payments or check ledgers from the business's financial institution with the records that the business has kept in their financial management software system. For example, if you see a check that has been deposited into the bank from a given customer for a specific amount (possibly even with an invoice number reference on it) but the financial software still shows that invoice as "unpaid"...then you have found a discrepancy and you "reconcile" it by updating the financial software to reflect that the invoice has, indeed, been paid. Conversely, if you find an invoice in the financial software that has been designated as "paid" but you are UNABLE to find a corresponding financial transaction in your banking ledger where the money was deposited, then you would "reconcile" the two by changing the status of the invoice in the financial system to "unpaid".
What is meant by the term business?
The term business parks can be defined as an area specially designated and landscaped to accommodate business offices, warehouses, light industry, etc.
What websites offer business financing accounts receivable and invoice factoring?
There are many different websites that offer business financing, accounts receivable and invoice factoring services. They usually come under the generic term of independent accounting agents and examples are Robert Half or Fairway.
What is dealer invoice?
Dealer invoice is a term used to describe dealer cost of the vehicle.
What is meant by the term business combination?
A business consolidation is another term for business combination. When a company acquires other businesses, it forms a merge, which means the businesses are combined.
What is meant by the term 'business parks'?
The term business parks can be defined as an area specially designated and landscaped to accommodate business offices, warehouses, light industry, etc.
What is meant by the term stake holder in the business world?
In the business world, the term "stakeholder" refers to the person, group of people, or organization that has money tied to or interest in a business.
What is meant by the term business portal?
A business portal is an organized online platform that allows companies to manage, share, or discover business-related information, products, and services in one central space. These portals serve as digital gateways where businesses can: List their products or services Connect with other companies for trade or partnership Access tools for sourcing, selling, or communication Streamline operations like orders, inquiries, and documentation Business portals are especially valuable in B2B environments, where suppliers and companies need to find each other quickly and work efficiently across locations. Platforms like Pepagora function as business portals by helping businesses create structured profiles, showcase offerings, and stay visible to potential trade partners. They also improve searchability, allowing users to filter results by category, product type, location, or industry—which saves time and increases accuracy. In short, a business portal is not just a website—it’s a practical hub for digital business interaction, visibility, and growth.
