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transaction investopedia sharper insight smarter a transaction is an agreement between a er and a seller but it can be e a bit more plex when looking at it from an accounting perspective cash flow forecasting finance & operations this topic provides an overview of the cash flow forecasting process it also explains how cash flow forecasting is integrated with other modules in the system foreign currency transaction bookkeeping a business records a foreign currency transaction when it undertakes import and export transactions in a currency distinct from its own reporting currency
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