What is a transaction?
Updated 9 months ago
by
Junie Zhu
A transaction is any document that needs to be verified and reconciled against a cash movement in your corporate bank account, either directly (bank deposit or withdrawal, supplier invoice, receipt, bill) or through an aggregated amount (expense claim).
Examples of transactions may include:
- A sales/supply invoice
- A receipt for coffee or a taxi ride taken for business
- A share capital payment
- An expense claim reimbursement
- A bank deposit or withdrawal
- And many others…
You may also watch the video below on the definition of a transaction, and find out more about how Sleek can help you manage your transactions.
