XFinance glossary

XML (Extensible Markup Language)

Quick definition

A text-based data format for the web.

Overview

XML (Extensible Markup Language) is a text-based data format used to structure, store and transport information, widely used in reporting formats and on the web.

Common uses

Data exchange
Reporting formats
Software integration

Examples of use in small businesses

Automated financial reports
Exchanging data between systems
Website development

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Overview

Common uses

Examples of use in small businesses

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