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what do you mean by AR Closure ?


29 January 2011 what do you mean by AR Closure ?

31 January 2011 SIR,

In medical terminology the suffix -ar means "pertaining to".

Definition of closure:-
That which closes or shuts; that by which separate parts are fastened or closed.




04 February 2011 Than ramesh but i want answer in finance terminology. i.e. before we start next month private companies have to shut system for sometime so that the transactions can be closed adn final accounts can be finalised. i need proper syatamatic definition of it :)






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