Examlex
In an ERP system,the balance sheet and P&L statements are database reports.
Accounts Payable
Short-term liabilities of a company, representing amounts owed to creditors for goods and services received but not yet paid for.
Interest Revenue
Earnings received for interest.
Fiscal Year
A 12-month period used for accounting purposes and the preparation of financial statements, which may or may not align with the calendar year.
Discounted Note
A promissory note issued at a price lower than its face value that promises to pay the holder the full face value at maturity.
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