👉 In finance and accounting, a "deburse" refers to the process of distributing payments or transfers between different entities or parties. It involves the transfer of funds from one party to another in order to facilitate transactions or activities. Debursing is typically done through financial documents such as bank accounts, credit cards, or other forms of payment systems.
Debursing can be used for a variety of purposes, including:
1.
Transaction Settlement
: When a business needs to settle an outstanding invoice