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Memo-posting is a banking practice used in traditional batch processing systems where temporary credit or debit entries are made to an account before the final balance update occurs during end-of-day (EOD) processing. The temporary entry created during memo-posting is reversed once the actual transaction is posted during batch processing.
Memo-posting systems often need to go off-line while the database is re-loaded to prepare for the next day's business. Real-time systems do not need that re-load window. Sometimes real-time posting is thought to mean 'there is no batch'. This is not always the case. Real-time posting systems may still need to support batch processing.
Memo written by a White House staff member during the tenure of Jimmy Carter as US president. A memorandum (pl.: memorandums [1] [2] [3] or memoranda; from the Latin memorandum, "(that) which is to be remembered"), also known as a briefing note, is a written message that is typically used in a professional setting.
Federal judge temporarily blocks funding freeze after memo ordered: ‘Financial assistance for foreign aid, nongovernmental organizations, DEI, woke gender ideology, and the Green New Deal”
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The Memo: Echoes of an earlier Jan. 6 reverberate as Trump’s win is certified by Congress. Niall Stanage. ... Biden wrote an op-ed that appeared Sunday in The Washington Post, asserting that ...
In written form such as a memorandum, the subordinate documents the research done, the facts gathered, and analysis made of alternative courses of action. The memo concludes with a specific recommendation for action by the superior. The earliest description of the concept of Completed Staff Work appears in U.S. Army publications. [1]