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When an invoice say Invoice DUE May 05 2010 does it mean the payment has to be postmarked by that date OR does it mean the monies have to be in the receiving companys bank?
Wiki User
∙ 13y ago
Even though every business has a different tolerance level on invoice dates, it means that the payment is in the hands of that company on the due date and that is the way you should plan to make payments. If the company just expected your payment to be "in the mail" (postmarked) on a certain date, the invoice would say that. The reason I say "tolerance level" is due to the number of businesses that have no problem ignoring due dates. I had a customer that always paid late because she said she only allotted time on a certain day of a certain week of each month to handle the bills and I would have to understand that. So I tolerated it because my other choice was not to ship her and I didn't want to give up that business.
Wiki User
∙ 13y ago
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What is invoice receiving?
Invoice receiving is when a vendor sends a business their invoice for products or services provided. This is usually done VIA a fax machine.
What is the primary difference between invoice receiving and blind receiving?
one of the difference of invoice receiving from blind receiving is the form or receipt that they have ... in blind receiving there is no quantity that are written and it is a blank form ... the invoice receiving have all the quantity .. total cost .. and purchased price....
What are the different methods of receiving financial information?
Blind method and invoice receiving
What will be the journal entry if the invoice is received from supplier?
There is no entry for receiving invoice from suppliers rather entry is made when goods purchased from suppliers.
What is an inward invoice and outward invoice?
Invoice sent by seller is called outward invoice. Invoice received by buyer(from seller) is called Inward Invoice
When a company receives an invoice demanding payment for goods what 2 documents should they check before paying it?
the receiving document, the remittance advice, and the invoice
What is an open invoice?
what is a open invoice
What is the dealer invoice?
dealer invoice is ?
What does SME Invoice Finance specialize in?
SME Invoice Finance specializes in invoice discounting and invoice factoring. SME Invoice Finance is based in the UK and can be contacted at 0800-083-8835.
What is a synonym for receipt?
The noun receipt has the related adjective received. It is the past participle of the verb (to receive), where the present participle, receiving, can also be used as an adjective.
Where can one obtain a sample invoice?
A sample invoice can be found on Aynax, Invoice Templates, Ezy Soft Developments, Zoho Invoice, Precision Document Solutions, Freelance Advisor and Invoice Studio.
What is the meaning of invoice on hand?
on-hand invoice
