Which features can be found under the Basic Features section of the "Accounting" subtab?

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The Basic Features section under the "Accounting" subtab is fundamentally focused on core functionalities that are essential for managing a company's financial accounting processes. Accounts receivable, accounts payable, and general accounting are integral components of financial management; they provide the foundational tools needed for recording and tracking incoming and outgoing funds.

Accounts receivable represents the amounts owed to the business by customers for products or services sold on credit, which is crucial for cash flow management and financial reporting. Accounts payable pertains to the amounts the company owes to suppliers and creditors, helping maintain relationships with vendors and manage liabilities accurately.

General accounting encompasses the basic practices of bookkeeping and financial management, ensuring that all financial transactions are recorded accurately. This category typically involves creating and managing the general ledger, journal entries, and supporting financial statements.

In contrast, the other options include features that, while important to financial operations, extend beyond the basic accounting functions. They may involve more specialized areas of accounting or finance that do not fall under the fundamental activities necessary for day-to-day accounting management.

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