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Non-posting Account
A non-posting account is an account used in accounting software for transactions that affect reports or balances without affecting the general ledger.
Accounting System
A systematic process of recording, measuring, and communicating financial information about economic entities.
Chart of Accounts
A systematic listing of all ledger account titles and numbers used in a company's accounting system.
Income Account
An account used in accounting to track revenue or income generated by a business or individual over a period of time.
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