payment of accounts
21accounts receivable — The bills or amounts that are due or owed to a business by customers. In general, this term refers to the total amount owed and is used in calculating the value of a business or the likelihood of the business being able to pay its own debts.… …
22contra accounts — Accounts that can be offset, one against the other. For example, if Company A owes money to Company B and Company B also owes money to Company A, the accounts can be offset against each other, enabling both debts to be settled by one payment …
23contra accounts — Accounts that can be offset, one against the other. For example, if Company A owes money to Company B and Company B also owes money to Company A, the accounts can be offset against each other, enabling both debts to be settled by one payment …
24international payment — Payment made between countries, whether in settlement of a trade debt, as a unilateral transfer of funds, for capital investment, or for some other purpose. The reasons for such payments and the methods of making them and accounting for them are… …
25international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …
26E-commerce payment system — An e commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as a sample of Electronic Data Interchange (EDI), e commerce payment systems have become increasingly popular due to the widespread… …
27E-commerce payment systems — One of the main requirements in e commerce is the ability to accept a form of electronic payment. This form of electronic payment is referred to as financial electronic data interchange (FEDI). FEDI has become increasingly popular over the last… …
28Controlled payment number — A controlled payment number (also called a substitute credit card number, a one time use credit card , or a virtual credit card number ) is an alias for one s credit card number. It is generated through the use of either a web application or a… …
29Controller General of Defence Accounts — (CGDA) is one of the oldest government organisations in India. CGDA operates under the Defence Accounts Department (DAD) of the Ministry of Defence of India. Its origins goes back to the Article of War adopted by the British Parliament in April… …
30Health spending accounts — or HSAs are a tax free health benefit vehicle available to employers for employees residing in Canada. They were introduced in 1986 by Canada Revenue Agency (CRA) in their interpretation bulletin entitled IT 85R2. What is an HSA? A Health… …
