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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 invoice due net monthly?
"Invoice due net monthly" refers to the payment terms for an invoice, indicating that the total amount is due within a month from the invoice date, without any early payment discounts. It means that the full amount must be settled by the end of the month following the invoice issuance. This term is commonly used in business transactions to establish clear payment expectations.
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.
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.
Is this a correct accounting term - Cut an invoice?
yes
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 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 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 is dealer invoice?
Dealer invoice is a term used to describe dealer cost of the vehicle.
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 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 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 does invoice due net monthly?
"Invoice due net monthly" refers to the payment terms for an invoice, indicating that the total amount is due within a month from the invoice date, without any early payment discounts. It means that the full amount must be settled by the end of the month following the invoice issuance. This term is commonly used in business transactions to establish clear payment expectations.
