ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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RECHARGE Definition
RECHARGE, in accounting, normally involves an activity that provides a specific, ongoing and repetitive good or service to an entity or projects and recovers the cost of providing the good or service from the entity served on a fee basis. Operating costs are supported by recharges to the departments or specific activity receiving the service.
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SALES INVOICE is a document that records the sale of goods or services from a vendor to a customer.
BATCHING, in accounting, is the gathering and organizing of incoming invoices prior to processing.
