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When wct tax is deducted either on advance payment or on booking of invoice?
Wiki User
∙ 12y ago
on the book of invoice...
Wiki User
∙ 12y ago
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What is the difference between Proforma Invoice and Commercial Invoice?
Proforma Invoice is not a real invoice, it is simply a confirmation of the purchase order before shipment of goods. Commercial invoice is what the vendor bills you after the goods have been delivered. Hence proforma invoice is not recorded as a liability on the books while the commercial invoice is. Many times, before establishing a credit relationship with the vendor, the vendor will present a Proforma invoice to request a payment in advance (PIA) before shipping the order.
What do you mean by invoice bill?
An invoice is a record of purchase and a bill is a document demanding payment of something, so an invoice bill would logically be demanding payment from a purchase of something.
What are the business document used in accounting?
Cheques, Receipts, Payment invoice, Cash invoice,
What is the purpose of a invoice?
The purpose of an invoice is the inform the person that bought items from the sender of the invoice, when there payment is needed and how much they need to pay.
What is the difference between sales tax invoice and commercial invoice?
An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the Seller has already provided the Buyer with. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms.while sales tax invoice is the where all the taxes that are required by law are reported along with the price of product.
What is the difference between Proforma Invoice and Commercial Invoice?
Proforma Invoice is not a real invoice, it is simply a confirmation of the purchase order before shipment of goods. Commercial invoice is what the vendor bills you after the goods have been delivered. Hence proforma invoice is not recorded as a liability on the books while the commercial invoice is. Many times, before establishing a credit relationship with the vendor, the vendor will present a Proforma invoice to request a payment in advance (PIA) before shipping the order.
What do you mean by invoice bill?
An invoice is a record of purchase and a bill is a document demanding payment of something, so an invoice bill would logically be demanding payment from a purchase of something.
What does invoice mean?
request for payment i.e. billTypically a request for payment.
What are the business document used in accounting?
Cheques, Receipts, Payment invoice, Cash invoice,
What is the meaning of payment terms ADI?
The invoice is due X days "After Date of Invoice"
What is the purpose of a invoice?
The purpose of an invoice is the inform the person that bought items from the sender of the invoice, when there payment is needed and how much they need to pay.
What should be supporting documents of payment voucher?
suporting document for payment invoice
What is the difference between sales tax invoice and commercial invoice?
An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the Seller has already provided the Buyer with. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms.while sales tax invoice is the where all the taxes that are required by law are reported along with the price of product.
Is it always best to have invoice signed for approval after processing for payment?
It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.
What is an advance payment?
An advance payment is a part of a sum which is paid or received in advance for goods and services.
How can you book a week in advance at the Confortel Barcelona?
You can book a week in advance by booking online, this can be using the company site directly or by using a hotel intermediary. The hotel is also available to be contacted via telephone and can take payment over the telephone.
How Would A Customer Know To Send Or Redirect Payment To Factor?
In invoice factoring arrangement, your customer will be sent an official but friendly notice of where to send the payment and your invoice will also have that address.
