The world runs on systems Systems do not just limit to computer or software products. Systems take many forms. Building digital corporation used to be only for the Big organizations. …
https://financeandbusiness.ucdavis.edu/systems/kuali/fiscal-close/accrual-defer#def%20exp Accruals: revenue and expense paid next year but belongs to this year Deferred: revenue expense paid this year but belongs to next year Accruals: Accrued Expense (credit side) Used …