Oracle Cloud offers a broad portfolio of software as a service applications, platform as a service, and social capabilities, all on a subscription basis. Oracle Cloud delivers instant value and productivity for end users, administrators, and developers alike through functionally rich, integrated, secure, enterprise cloud services.
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

Subscribe to the OracleAppsHub to receive notifications when there are new posts:

 get RSS feed
 Oracle Fusion Applications (OFA) is a portfolio of next generation suite of software applications from Oracle Corporation. It is distributed across various product families; including financial management, human capital management, customer relationship management, supply chain management, procurement, governance, and project portfolio management
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

The ABCs of Payments

Posted on December 30th, 2007 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Have you tried OracleappsHub in ipad/iphone/smart Phone? Don't wait. try it today

Glossary of terms used in paymentsabc blocks

  • ACH Automated Clearing House
  • BOC Back Office Conversions
  • COGS Costs of Goods Sold
  • DTC Depository Transfer Check
  • EFT Electronic Funds Transfer
  • FAS Financial Accounting Standards
  • GDR Global Depository Receipt
  • HPR Highly Protected Risk
  • IRD Image Replacement Document
  • JIT Just-in-Time Inventory
  • KFC Kansas City Financial Center
  • L/C Letter of Credit
  • MICR Magnetic Ink Character Recognition
  • NACHA National Automated Clearing House Association
  • OBSA Off-Balance Sheet Arrangements
  • POP Point-of-Purchase
  • RCK Re-Presented Check Entries
  • STP Straight Through Processing
  • TEL Telephone Initiated Entry
  • UCC Uniform Commercial Code
  • VAT Value Added Tax
  • WIP Work-in-Progress
  • XBRL eXtensible Business Reporting Language
  • YTM Yield-to-Maturity
  • ZBA Zero Balance Accounts

Related Posts

Posted in Oracle Receivable | No Comments »Email This Post Email This Post | Print This Post Print This Post

Have you tried OracleappsHub in ipad/iphone/smart Phone? Don't wait. try it today
Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.