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Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.
In bookkeeping, a general ledger is a bookkeeping ledger in which accounting data are posted from journals and aggregated from subledgers, such as accounts payable, accounts receivable, cash management, fixed assets, purchasing and projects. [1] A general ledger may be maintained on paper, on a computer, or in the cloud. [2]
QuickBooks is an accounting software package developed and marketed by Intuit.First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
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1. New York City. New York City is widely regarded as the most overpriced housing market — and for good reason. According to data from the Federal Reserve of St. Louis, ...
The Big 12 on TNT. Get used to it. As part of a settlement struck between the NBA and Warner Bros. Discovery, the Big 12 will see 13 of its football games per year moved from ESPN’s streaming ...
Other recent drug busts. Tuesday's indictment is the latest in numerous drug trafficking cases across the country, in which suspects have been accused of using various ploys to smuggle illicit drugs.
Intuit Merchant Service for QuickBooks – lets you process credit and debit transactions directly in any version of QuickBooks. QuickBooks Enterprise Solutions – for midsized companies that require more capacity, functionality and support than is offered by traditional small business accounting software; includes QuickBooks Payroll.