Claim

Meaning

When it comes to accounting, a claim is used to refer to what a client owes you for the product or service they’ve bought.

Key points

• Claim 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, claim is used to keep invoice and payment operations structured and auditable.