What does per diem mean
Per diem means “per day” and refers to a daily allowance given to employees for expenses like meals, lodging, or travel while working away from home.
what does CCD stand for
CCD stands for Cash Concentration and Disbursement, a type of electronic funds transfer used in corporate banking.
What is a ledger balance
A ledger balance is the amount of money in a bank account at the end of a business day, reflecting all settled transactions.
What is a good miles per gallon
Miles per gallon (MPG) measures a vehicle’s fuel efficiency. A good MPG varies by vehicle type, generally, 30 MPG or higher is considered efficient for cars.
What is an asset account
An asset account is a type of account in accounting that records the value of items a business owns, such as cash, inventory, equipment, or property.
What is ASO in settlement
ASO in settlement stands for Administrative Services Only, where an employer handles claim costs while a third party manages the administrative tasks.
what does a billing address mean
Learn what a billing address is, why it’s important for payments, and how it helps verify your identity during transactions.
what is a rotating shift, complete guide
Discover what a rotating shift is, its types, benefits, challenges, and tips to manage it effectively in this complete guide.
What does bi weekly pay mean
Bi-weekly pay means getting paid every two weeks, usually 26 times a year. This blog covers how it works, its pros and how it compares to other pay schedules.
what is a work order
A work order is an official document that outlines tasks to be performed, often used in maintenance, manufacturing, and service industries.