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What job functions do ERP systems help manage?
General Journal Entries
Records of financial transactions in the order they occur, serving as the initial place of entry in the accounting system.
Invoice Price
The initial price listed by a seller to a buyer on an invoice, before any discounts or adjustments.
Credit Terms
Conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and due dates.
General Journal Entries
General journal entries are records of financial transactions in the general journal as part of the double-entry bookkeeping system, noting the accounts and amounts debited and credited.
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