Examlex
Which of the following is NOT a benefit of NextGen?
Bank Statement Balance
The ending balance on a bank statement, representing the total amount of money in an account as recorded by the bank at the end of a given period.
Petty Cash Account
A small amount of cash kept on hand to pay for minor or incidental expenses.
Fund Replenishing
The process of adding money to a fund to restore its level after expenses have been incurred.
Making Payments
This process involves the transfer of funds from one party to another to settle a financial obligation or purchase.
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