XML in Accounting Systems
XML (eXtensible Markup Language) is used in accounting systems to structure and exchange financial data between applications. While not specific to accounting, XML plays a critical role in integrating ERP systems, automating reports, and enabling technologies like XBRL, bridging software platforms with real-time data exchange.
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Xerta
Xerta refers to Xerta Payment Solutions, a platform facilitating digital transactions, particularly cross-border and business-to-business payments. In accounting, Xerta’s systems…
Xenocurrency
Xenocurrency is any currency traded outside its home country’s borders. For example, US dollars held in European banks are xenocurrencies.…
XRT
XRT, short for Extended Retail Transaction, refers to detailed records of point-of-sale (POS) activity in accounting and finance. It captures…
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