In medisoft, the charge transaction area entry dialog box is used to enter a fee for a NSF, and what area is used to enter bounced check.
A financial transaction is an agreement or communication between a buyer and a seller to exchange goods, services, or assets for payment. All transactions involve changes in the financial status of two or more companies or individuals.
Transactions are business events that have a monetary impact on a company's financial statements and are recorded as entries in the books of accounts. An example of a transaction is paying a supplier for services rendered or goods delivered.
Based on cash transactions, there are three types of accounting transactions: cash transactions, non-cash transactions and credit transactions.
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