Adoption Rate

What Is Adoption Rate?

The adoption rate is the percentage of travel bookings made through a designated, company-approved online booking platform.

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Accounts Payable

Accounts payable refers to the short-term liabilities that a company owes to its creditors and suppliers for goods and services purchased on credit.

Accrual Accounting

Accrual accounting is a method of recording financial transactions when they occur, regardless of when the cash transactions happen, ensuring that revenue and expenses are matched in the period they arise.

Actual Expense

Actual expense refers to the actual amount of money spent on specific goods or services, documented with receipts or verifiable records.