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Electronic Accounting System
Computerized systems used for tracking and managing financial transactions and accounts.
General Ledger Accounting Systems
Comprehensive accounting systems that collect, classify, and summarize financial transactions to create financial statements.
Cash Receipts
The collection of money (cash, checks, wire transfers) by a business during a given period, often recorded in the cash receipts journal.
Disbursements
Payments made by a business, including amounts paid out for expenses, through methods like checks or electronic transfers.
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