Revenue - Income that is not from sales, Assets - Anything owed by the business of value, Profit - Money made by the business once cost of sales and expenses are taken away, Capital - Anything of value that the owner puts into the businesss, Accrual  - A service used by the business that is not yet paid for, Prepayment - A service used by the business that is paid for upfront, Invoice - A document that is issued by a supplier to a customer showing how much is due for services rendered, Credit note - A document issued by a supplier to a customer showing how much , DirectDebit - A way of paying money directly from your bank that may vary from month to month, Current Account - A bank account used for the day to day banking of a business, EFTPOS - The payment system that is used to process transactions posting via debit or credit card,

Bookkeeping

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