http://wiki.answers.com/Q/What_is_the_difference_between_bill_invoice_cash_memo ?
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.
A trade discount is a discount that a manufacturer or wholesaler makes to the retail price of a product when selling to a reseller. A cash discount is a reduction made to the invoice if the buyer pays the invoice prior to a set date.
Trade discounts are guranteed discounts a business is getting by purchasing from a seller. Cash discounts are OPTIONAL discounts that a buyer gets if they opt to pay their bill (invoice) earlier then the due date. The seller specifies in the invoice how many days earlier a buyer has to pay their bill to get the cash discount. If a cash discount is taken, it is applied after the trade discounts, but before shipping and handling charges.
Invoice a/c .. dr To cash a/c
Cheques, Receipts, Payment invoice, Cash invoice,
Differential cash is the difference in cash due between selecting between different alternative options or projects.
explain the difference between cash and credit transaction
cash balancing
Nothing.
There is no difference actually invoice factoring goes by several names – accounts receivable financing, AR factoring and invoice financing. No matter what you call it, the process is the same: you sell your invoices at a small discount to a factoring company and get immediately cash for your business.
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
what is the difference and similarity between cash budget and long term financial planning