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What is meant by payment term OA 90 days?
Payment term OA 90 days refers to "open account" payment terms where the buyer is allowed to pay the seller within 90 days after the invoice date. This arrangement typically indicates a trust-based relationship, as the seller ships goods or provides services without requiring immediate payment. It is common in business-to-business transactions, allowing buyers to manage their cash flow effectively while still receiving the products or services needed.
What is meant by payment term OA 60 days?
OA = open account
What is meant by payment term OA 30 days?
open account 30 days..
What is meant by refund?
To refund is to give back the payment made, usually due to a cancelled order or unsatisfactory service and/or returning of a money guarantee as part of a payment deal.
What is meant by unlimited liability of a partner?
it means that the personal assets of the partner may be used for payment of debts..
What is meant by Payment by documents through bank?
Payment by documents through your bank is how you have made your payment. The document could be your check.
What is meant by the term payment terminals?
A Payment Terminal refers to the keypad and LCD monitor device used by many business to allow credit and debit card transactions. Usually the credit or debit card is "swiped" through the terminal, and instructions for completing the transaction are given on the screen and by the cashier.
What is meant by favourable balance of payment?
The function and object of business is to make balance of payment favourable by increasing exports and decreasing imports, because this position makes the country prominent in the world
What is meant by administrative system in business?
What is meant by administrative system in business? What is meant by administrative system in business?
What is meant by shunting of a circuit?
Shunting of a circuit is the electrical terminology for bypassing a circuit.
What is meant by sale through c form?
Schedule C is the form that is used to report business income and to take necessary business deductions related to the income produced from the business.
What is meant by the term business executive program?
The Business Executive Program is used to help business travellers ease through the customs process easier. It is used for business travellers between India and the USA.
What is meant by a current account deficit on balance of payment?
it is down
What is meant by saying a proposed payment is correct'?
That the payee and dollar amount are accurate, and payment has not already been made.
What is meant by saying a proposed payment is correct?
That the payee and dollar amount are accurate, and payment has not already been made.
What is meant by spin off?
In corporate terminology new organization or entity formed by a split from a larger one
What is meant by electronic payment gateway?
Electronic payment gateways refer to authorized for e-businesses and online retailers. Payment gateways usually work through credit card information, which is encrypted for the safety of the customer. A payment gateway will securely encrypt the credit card numbers in an alphanumeric fashion and pass a token of the transaction to the processor platform for settlement.
