The Ultimate Qashiopedia
Cash disbursement
A cash disbursement occurs when cash is sent from a company to another party. Cash can be paid in various ways, including bills, cheques, digital payments, or any payment method that instantly deducts from the sender's account.
Cash flow conversion
Cash flow conversion is a ratio calculated using the formula: Operating Cash Flow / Net Income, which shows how well a company's profits are converted into cash. A good ratio is generally considered to be one or above.
Cash Flow Management
The process of monitoring and optimising the inflow and outflow of funds to ensure a company maintains sufficient liquidity for operations and short-term obligations.
Cash Withdrawals
This indicates that the user has withdrawn funds from an ATM using a Qasio corporate card. This transaction type records the amount of cash taken out and the specific ATM used for the withdrawal.
Chargeback
A chargeback is broadly a type of refund resulting from a successful dispute with a consumer’s card issuer or merchant. Chargebacks can occur due to fraud, theft, double charges, or transactions involving goods that did not meet specific standards. The key difference between a chargeback and a refund is that refunds are voluntary, while chargebacks are disputed, often incurring additional fees for the merchant.
Charge cards
Charge cards are uncapped cards where the balance is typically paid off monthly with no interest, and they often provide users with substantial rewards. However, they usually come with a significant annual fee and steep penalties for missed payments.
Cleared Transactions
Transactions that have been fully processed and settled, which then get tracked and recorded in the Qashio platform for reporting purposes.
Clearing
Clearing encompasses all activities from the moment a transaction is initiated until it is completed. Notable examples include cheque clearing, which involves the time from when a cheque is written until funds are transferred to the concerned party's account, and the clearing of securities and derivatives.
Client Onboarding
The process of integrating new clients into the Qashio system, including setting up accounts, training, and familiarising them with the platform's features and benefits
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