0
It is a financial document that is usually sent to a customer of a supplier. It is usually a tear-off part on a statement of accounts. It helps the both the customer and the supplier, it makes it clear which invoices the customer are paying, for example by putting ticks next to them.
They can be enclosed with the payment.
If the customer did not make it clear what invoice they are paying then later invoices will be paid which would be bad because these have the most trade credit on (the time they have to pay it) the customer wants to pay the earliest invoice so that it is not overdue and they are not charged interest. This will also please the customer.
Hope that helped!
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is a circulation slip?
A circulation slip is a slip that circulates
What is a borrowers slip?
it is a borrowers slip
What is a oblique slip fault?
the oblique slip fault is a movement that has a combination of normal and strike-slip fault
Slip and fall?
well of course people fall and slip
In structural geology what's the difference between true slip and net slip in the context of faults?
True Slip and Net Slip are the same thing. We typically use the term "Net Slip" for the slip vector on a fault that describes the magnitude (length) and orientation (trend and plunge) of a line between two formerly adjacent points.
What is the purpose of Remittance advice slip?
(1) The purpose of a remittance advice is to inform the supplier that their invoice has been paid. If paid by cheque the cheque will usually be attached to the remittance advice.
What is remittance number?
payment + remittance department
How do you spell remittance.?
The correct spelling is remittance (payment).
What is a sentence for remittance?
Remittance is, essentially, the act of paying. An example sentence would be: The cashier was patiently waiting for his remittance.
Give you an example of letter of remittance?
how make remittance letter
What is letter of remittance in business letter?
definition of remittance letter
When was The Remittance Man created?
The Remittance Man was created on 1913-09-13.
How do you use remittance in a sentence?
This is the date when the remittance, or payment you send, must be received.
How do you get a remittance?
There are a number of way to get a remittance payment. The policies for receiving this payment vary from company to company, and you should speak with your bank on how they handle remittance payments.
What is the purpose of remittance advice?
(1) The purpose of a remittance advice is to inform the supplier that their invoice has been paid. If paid by cheque the cheque will usually be attached to the remittance advice.
What is remittance in transit?
Remittance in transit refers to a cross-border money transfer that is still in progress within the banking channel. The remitter's funds are snaking its way across to the beneficiary, and whilst it is in progress, the remittance (money transfer) is called or cited as remittance in transit.
What is a remittance advise?
a remittance advice is a written confirmation of payment,otherwise known as a receipt or in the USA a check.
