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Latest post Mon, Oct 26 2009 2:39 PM by Anonymous. 5 replies.
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Kedra  +  341658 Wed, 21 Mar 07 11:37 AM

My company sells the software for creating property management web sites. One of our perspective customers told this:

"I want a smooth and easy merge with the word processor for all data fields which include late notices, price increases, general mailings for self storage rentals. Rent roll, vacancy listing, auto monthly billing, AP, AR, GL"

I did managed to find the definitions for self-storage, rent-roll, etc, but I failed to find anything which can explain AP, AR and GL in this context.  Also, not sure I understood "word processor". Any help will be much appreciated.

 
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Clive  +  341684 Wed, 21 Mar 07 01:14 PM

Hi,

One of our perspective prospective  customers told said this:

"I want a smooth and easy merge with the word processor for all data fields which include late notices, price increases, general mailings for self storage rentals. Rent roll, vacancy listing, auto monthly billing, AP, AR, GL"

I did managed to find the definitions for self-storage, rent-roll, etc, but I failed to find anything which can explain AP, AR and GL in this context. 

Accounts Payable, Accounts Receivable, General  Ledger (ie  financial terms)

Also, not sure I understood "word processor". It's the computer software you use to write letters, etc. eg MS Word, WordPerfect.

Any help will be much appreciated.

Best wishes, Clive

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El tango argentino es un pensamiento triste que se puede bailar (The tango argentino is a sad thought which can be danced) Enrique Santos Discépolo
Kedra, 2 yr 246 days ago
Clive, many thanks for your quick assistance! I appreciate this.
Anonymous, 1 yr 296 days ago

Thanks

-Jams

Clive  +  470559 Wed, 30 Jan 08 12:51 PM

Hi,

They are all standard accounting terms.

AP = Accounts Payable

AR = Accounts Receivable

GL = General Ledger

Clive

Anonymous  suggested by Anonymous  +  953642 Mon, 26 Oct 09 02:39 PM
AP is Accounts Payble -- system for tracking the paying out of money from the business to vendors

AR is Accounts Receivable -- system for tracking the receivables -- money customers owe to the business

GL is the General Ledger -- system for keeping track of all money flows within a business.


For example, Quickbooks includes AP, AR, and GL functions.


Larry

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