0
It depends upon the supplier. Contact them directly to inquire.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What is an explaination of buyers credit and suppliers?
buyers credit is for exporters whereas suppliers credit is for importers
Is the suppliers invoice the source document for a purchase on credit transaction?
yes
How do suppliers have an influence on a business?
Suppliers can affect your availability of product based on their inventory or delivery time. Suppliers can affect your costs based on their prices changing, their credit terms, etc. only joking
Difference between credit sales and credit purchases?
credit sales are sales you have made on credit, so they still owe you the money for that item. credit purchases are things you have purchased from your suppliers on credit and therefore you owe the money for
What is buyers credit and difference between suppliers credit and buyers credit?
Buyers credit is financing provided to a buyer to pay for supply of goods or services usually by an exporting country or by the supplier company.
How did the need for credit arise?
The need for credit arose from a complex system of manufacturers, suppliers, distributors, and retailers in the modern market economy. Credit allows the smooth operation of such a system
What does a credit balance in the purchase ledger control account represent?
Indicates monies owed to suppliers.
How long does it take building a reputation that will allow one to get business credit?
Building a business reputation does not happen overnight. Suppliers report monthly and it will take several months for your businesses credit history to be built up. Try and set up accounts with small suppliers to help build your credit history and keep your payments up to date.
What is the most effective way to build corporate credit?
In order to build corporate credit you can make sure your records are in order, always practice fiscal responsibility and obtain trade credit with vendors and suppliers.
What is the airline suppliers association?
Early on the Airline Suppliers Association, changed to Aviation Suppliers Association because the supply chain is much more broad than just the airlines.
What are the source of credit?
Any one or entity who is willing to provide credit can be the sources of credit. To amplify, owners ( besides their capital contribution), Banks, financial institutions, relatives and friends, suppliers, vendors, public at large, etc.
How long does a business have to keep Accounts Payable and Accounts Receviable files?
before credit limit of the suppliers
