Browsing: Accounting
What is a BIC code? A BIC code (Bank Identifier Code), also known as a SWIFT code, is a unique identification code used to identify banks…
A customer deposit, in accounting, refers to the money that is paid by a customer to a business in advance, typically for goods or services that…
What is the Automated Clearing House (ACH) Network? The ACH network is a secure, electronic payment system that enables the transfer of money between bank accounts…