Examlex
Tracing certain amounts on the bank reconciliation to the accounting records is an example of inspection of physical evidence.
Payment
The exchange of funds or items for a service or product.
Balance Due
The amount of money owed on an account or invoice after payments have been applied.
Billing System
A combination of software and procedures that is used to issue and manage invoices and financial transactions for goods or services.
Cycle Billing
A system that sends invoices to groups of patients every few days, spreading the work of billing all patients over the month while billing each patient only once.
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