Cash Application

Cash application is the process of matching incoming payments to outstanding invoices and to the proper account where they can be entered. It's an essential way for businesses to track cash flow and capital so that funds can be utilized efficiently, accurately, and quickly.

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What is Cash Application Process in Accounting | Cash Applications
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What is Cash Application Process in Accounting | Cash Applications

Cash application is the process of matching customer payments and remittance info to corresponding invoices.