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Cash Balance
Cash balance represents the amount of cash a company holds at any given point in time, accessible for its immediate needs.
General Ledger
A comprehensive record of all financial transactions occurring within a company, organized by account, used to compile financial statements.
Control Accounts
General ledger accounts that summarize the details of a subsidiary ledger, facilitating the consolidation and reporting process.
Enterprise Resource Planning
A type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.
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