Examlex
________ refers to software products that support very high transaction rates, processing relatively simple data structures, replicated on many servers in the cloud.
Bank Reconciliations
The process of comparing and matching the balance of an accounting record (ledger) with the corresponding bank statement, identifying and rectifying any discrepancies.
Cash Account
A type of financial account that records cash transactions, including the receipt and spending of cash.
Check Register
A record, often part of a ledger or accounting software, used to track checks issued, deposits, and current account balances.
Cleared
Refers to transactions that have been reconciled and confirmed by a bank or financial institution, indicating that funds have been successfully transferred.
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