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Factor.
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Inventory Items
Goods and materials that a business holds for the ultimate goal of resale or production.
Non-inventory Items
Items that a business sells but does not maintain in physical inventory, often including services and digital goods.
Services
Intangible products offered by businesses, such as consulting, repairs, or entertainment.
3-way Match
An accounting control process matching the purchase order, delivery note/packing slip, and invoice before making a payment to the supplier.
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