Contract

Meaning

A contract is an agreement between you and another party, for example a sales contract that you and your client signs.

Key points

• Contract appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, contract is used to keep invoice and payment operations structured and auditable.