A Transaction is a business that has a monetary impact on the financial statements of a business. Examples of Transactions are:
- Sale of assets to a third party
- Investment in another business
- Receiving of cash in payment of an invoice owed by a customer
A Backlog refers to a company’s sales orders waiting to be filled or a stack of financial paperwork such as loan applications that need to be processed.
It also indicates the existing workload that exceeds the production capacity of a department or firm.
At rovedana, we offer assistance with the Daily Postings of your Transactions and Backlogs under the Bronze, Silver and Gold packages at affordable prices.
Click here to learn more about BookAid value offering.