TRANSACTION DRIVERS Definition

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TRANSACTION DRIVERS are used to count the frequency of an activity, i.e., the number of times an activity is performed.

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TRADE DEBTORS represent amounts of money owed by customers who have purchased goods/services from the company.

BALANCING is, in general, getting two things to correspond. In accounting, it is have two totals matching, e.g. balancing within the balance sheet.

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