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What is the accounting term for monies that represent servicesproduct delivered but not yet invoiced?
Wiki User
∙ 15y ago
Accounts receivable / Cash. When it's invoiced it will take money out of cash and into the product or service account.
Wiki User
∙ 15y ago
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How long does a company have to pay after you have invoiced them as a contractor?
What does your contract have to say?
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 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 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.
How long does a company have to pay after you have invoiced them as a contractor?
What does your contract have to say?
Invoiced means what?
request for payment i.e. billTypically a request for payment.
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 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 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 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.
Can you send tobacco to Australia through post?
yes but its highly taxed so you will be invoiced and only when payment has gone through does customs tell auspost to deliver it
What is the meaning of debit and credit note?
Debit Note - Money being taken out such as invoiced or charged Credit Note - Money being given back such as refund or over payment.
What is a Delivery Slip?
A delivery slip, is often referred to as an "advice note" which is what it is. It is an advice of delivery. It is usually fixed to the outside of a boxed shipment with the customers name and address showing. It will be on company headed paper and refer to the customer purchase order against which the items in the delivery consignment has been ordered against. The delivery slip will detail the dleivery release date and the content of the consignment being delivered, and some show anything that has been ordered and is still owing or to follow. These will be used by the customer to check the consigmentcontent against and used to cross check what has been invoiced against... what has been delivered, in the final reconciliation and payment of the invoice.
