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Cash flow is the movement of money into and out of a business during a specific period. It reflects the company’s ability to generate cash to pay expenses, invest in growth, and return value to shareholders

A balance sheet is a core financial statement that presents a company’s financial position at a specific moment in time

Accounts Payable (AP) refers to the short-term obligations a business owes to its suppliers or vendors for goods and services it has received but not yet paid for. It appears as a current liability on the company’s balance sheet, typically due within 30 to 90 days

A purchase order (PO) is a formal business document issued by a buyer to a seller, indicating the intent to purchase specific goods or services

A credit invoice, also known as a credit note, is a document issued by a seller to reduce or cancel the amount owed by a buyer from a previous invoice. It serves as an adjustment to an earlier transaction, reflecting changes such as discounts, refunds, or returned goods. Credit invoices are commonly used to maintain accurate financial records and ensure that both buyer and seller accounts remain balanced.