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Undeposited Funds
An account used in accounting to temporarily hold receipts and cash sales until they can be deposited in the bank, facilitating easier tracking of cash flow.
Partial Payments
Payments made towards a debt or invoice that are less than the total amount due at the time.
Sales Transaction
The process of exchanging goods or services for money, constituting a business activity that generates revenue.
Create Purchase Order
The process of generating a document to officially request goods or services from a supplier, outlining the types, quantities, and agreed prices for products or services.
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