Glossary

Firm / company — The management company that owns users and clients.

Client — An artist or related entity workspace (touring LLC, publishing, merch, and so on).

Client group — A folder of related clients.

Access — Permission for a user to open a given client.

Vendor — Who the client pays (AP).

Payor — Who paid the client (deposits).

Invoice — A vendor bill in the AP workflow.

Recurring — A template that generates invoices on a schedule.

Division — Tour/show (or other) dimension on a GL line. Not a catering or events module.

GL account — A chart-of-accounts line.

Journal — A manual multi-line books entry.

Bank payment — Coding of an outbound bank debit.

Bank deposit — Coding of an inbound bank credit or deposit document.

Debits & Credits — Mercury bank feed for the client.

Transaction — Posted books object (invoice, journal, statement, deposit, and similar).

Month close — Period lock after the BM checklist.

Pay (invoice button) — Marks the bill Paid in the books. Does not send funds.

Authorized signer — The Business Manager on the client’s bank signature card / treasury users. The only person who may move money at the bank.

Dual control — Bank rule: one person initiates a payment, a different person approves. In EventLedger that maps to Account Manager prepares / Business Manager sends — not two signers, and not live as a send today.

Treasury Management (TM) — The bank’s cash-management contract (ACH, wires, bill pay, reporting). Accepted in the bank portal. Not EventLedger’s terms. See Terms of Service and bank agreements.

Billing — Stripe charges to the firm for EventLedger seats, not client money.