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Remote disbursement definition

Accounting Tools

What is Remote Disbursement? Remote disbursement involves the use of check payments that are drawn on remote bank locations, thereby lengthening the duration of the disbursement float. Related AccountingTools Courses Corporate Cash Management Payables Management Related Article Automatic Bill Payment

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Disbursement definition

Accounting Tools

Related Courses Payables Management What is a Disbursement? A disbursement is the payment of money to a third party. Examples of Disbursements There are a multitude of possible disbursement transactions. It may also disburse funds to the owners of intellectual property in the form of royalties.

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Electronic payment procedure

Accounting Tools

Related Articles Bilateral Netting Remote Disbursement Final Review (Assistant Controller) Following all payments each day, compare the bank's report of electronic payments made to the approved list of payments. Notify the internal audit staff of any variances found.

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Tax Credits and Tax Deductions

Billah and Associates

This article will highlight some tax deductions and credits in 2023 that Canadians can avail of and save money. The GST/HST credit is disbursed by the Canada Revenue Agency every quarter. Moving, medical, and child care costs, charitable contributions, as well as certain news subscriptions, can all be used to offset tax payments.

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What Role Do CFOs Play in Digital Transformation?

NextProcess

There’s a greater emphasis on remote work. Handling CFO Challenges with Digital Strategies According to an article published by Oracle NetSuite (one of the many ERPs that NextProcess integrates seamlessly with), 51% of surveyed CFOs say their biggest challenge is “Juggling too many responsibilities.”

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ACH debit definition

Accounting Tools

Related Articles Automatic Bill Payment Check Payment Electronic Payment Procedure Remote Disbursement Example of an ACH Debit A commuter arranges with the owner of a parking lot to have the monthly parking fee automatically extracted from her checking account with an ACH debit.

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Global ACH definition

Accounting Tools

Related Articles Bank Overlay Structure Concentration Banking Cross-Border Cash Pool How to Improve Working Capital Remote Disbursement Single Currency Center Model

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