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Biling

Billing is the process of issuing invoices to customers for goods or services provided. It’s a critical part of the revenue cycle, documenting what’s owed and when it’s due. Accurate billing ensures timely payments, improves cash flow, and reduces disputes with clients.

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Book Closure

A temporary suspension period during which a company’s share transfer books are closed. It determines eligible shareholders for dividends, rights…

Bank Draft

A payment instrument issued by a bank guaranteeing payment to a specified party. It is commonly used for secure transactions…

Bank Guarantee

Bank guarantee is a promise issued by a bank ensuring that a debtor’s obligations will be met if they default.…