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request for payment i.e. bill
Typically a request for payment.
What else can I help you with?
What does payment terms of Net 45 days mean?
It means the enitre amount of the bill is due within 45 days, from which the bill was invoiced.
What is the accounting term for monies that represent servicesproduct delivered but not yet invoiced?
Accounts receivable / Cash. When it's invoiced it will take money out of cash and into the product or service account.
How long does a company have to pay after you have invoiced them as a contractor?
What does your contract have to say?
What happens to over recoveries of invoiced amounts?
Ethically speaking has to be paid back.
What is the purpose of entering the amount from the invoice?
Verification that the amount invoiced matches the amount ordered and received
A product shipped on February 1st but invoiced on January 31st should be recorded as revenue for?
February
What is business payment terms 3 percent 10 ff?
If terms are 3% 10FF, that means that payment will be made the 10th of the following month. It is very similar to 3/10EOM. example - if invoiced on 10/15/12 - payment will be due on 11/10/12
What is the definition of memo billing?
ITS A ENTRY THAT HAS NO TERMS OF PAYMENT. IT ALLOWS YOU TO KEEP TRACT OF ITS VALUE (WORTH) TO BE INVOICED OR WRITEN OFF AT A LATER DATE. ?????
What does 210 net 30 mean?
20% discount off the invoiced amount if paid within 10 days, otherwise pay the full invoiced amount within 30 days. It's a nice way to give your customers a discount for paying within 10 days, while speeding up the process of getting your money. A win/win.
If a trasaction has occured on 15 of august but was invoiced on 18 and delivery was done on 20 when do you record it in the business books?
All three dates should be included.
Invoice phase 3 10 net 30 means?
An invoice with the terms "3/10 net 30" is summarized as follows: (1) "3/10" means that if the buyer of the service/goods pays within 10 days (of the date of the invoice), the seller will give them a 3% discount on the invoiced balance (2) "net 30" means that the whole balance is due in no later than 30 days (of the date of the invoice)
What does it mean if an order has been invoiced?
It means the invoice has been created. The invoice is the document that is a request to pay for the goods. If the payment has already been made, the invoice may still be issued but shown 'receipted'. In business, invoices are the way that the company keeps track of the amounts of money that are owed to it by customers.
