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What are the business document used in accounting?
Cheques, Receipts, Payment invoice, Cash invoice,
Example of a journal entry on a paid invoice?
Invoice a/c .. dr To cash a/c
What is the difference between trading invoice and sales invoice?
I've never really ran across this, but my understanding, and I do hope that I am at least close is: A trade invoice is an invoice dealing with a "trade", product for product or service for service, even product for service and vice versa. (no cash is involved.) Where a "sales" invoice is pertaining to a cash/product or cash/service transaction.
The source document for all cash payments is a sales invoice?
Yes, it is.
What is the source document for recording a cash sale transaction?
original tax invoice
Example of a journal entry on a paid invoice?
Invoice a/c .. dr To cash a/c
What are the business document used in accounting?
Cheques, Receipts, Payment invoice, Cash invoice,
What is the difference between trading invoice and sales invoice?
I've never really ran across this, but my understanding, and I do hope that I am at least close is: A trade invoice is an invoice dealing with a "trade", product for product or service for service, even product for service and vice versa. (no cash is involved.) Where a "sales" invoice is pertaining to a cash/product or cash/service transaction.
How Quickly After Delivering An Invoice Will The Cash Be Accessible?
Characteristically funds can be made available to you within 24 hours of the invoice being received.
The source document for all cash payments is a sales invoice?
Yes, it is.
What is the source document for recording a cash sale transaction?
original tax invoice
The section of an invoice that list the date of the payment and the cash discount is called?
terms of sale
What is the difference between bill invoice cash memo?
http://wiki.answers.com/Q/What_is_the_difference_between_bill_invoice_cash_memo ?
The section of an invoice that lists the date of the payment and the cash discount is called?
terms of sale
How Much Cash Can I Get For My Receivables?
Your business will be authorized for monthly invoice factoring quantity. You can factor invoices as much as that amount. Commonly your lender will advance from 70%-80% of an invoice, with the balance held in reserve until the invoice is paid.
How Much Amount Of Cash Will I Get Against Each Invoice?
Normally an invoice factoring company will advance about 85% of the value of an invoice based on which sector your business works in. The remaining balance, less the invoice factoring company charges, is then made available to you as soon as the debt has been collected.
What are the advantages of invoice factoring?
There are several advantages of invoice factoring. Such advantages are the ability to find other customers, the managing time, access to supplying cash, and many more.
