Difference between revisions of "Accounts receivable conversion"

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''US.''   
 
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(ARC).  
 
(ARC).  
 
An automated clearing house transaction format that allows the electronic clearing and settlement of cheques by converting them to electronic transactions at lockboxes or other collection sites.   
 
An automated clearing house transaction format that allows the electronic clearing and settlement of cheques by converting them to electronic transactions at lockboxes or other collection sites.   
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* [[Courtesy amount recognition]]
 
* [[Courtesy amount recognition]]
 
* [[Lockbox]]
 
* [[Lockbox]]
 
 

Revision as of 14:33, 27 July 2013

US.

(ARC). An automated clearing house transaction format that allows the electronic clearing and settlement of cheques by converting them to electronic transactions at lockboxes or other collection sites.

Also known as conversion.

See also