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An invoice with payment terms and a due date is sent to the customer.

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10y ago

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When a cell is made to a customer on credit it creates an AR which is classified by a company as?

When a sale is made to a customer on credit, it creates an AR which is classified by the company as an accounts receivable.


What is a sale to an account receivable customer is made?

After a sale to an A/R Customer is made


When a sale is made to a customer on credit it creates an AR that is classified on the Balance Sheet as...?

When a sale is made to a customer on credit, it creates an accounts receivable (AR) that is classified on the Balance Sheet as a current asset. This is because accounts receivable are expected to be collected within one year or one operating cycle, whichever is longer. As a current asset, AR reflects the amounts owed to the company by customers for goods or services delivered but not yet paid for.


What is Sales agreement?

A business man agrees on a sale that the customer and it made.


What are the target of a sales person?

customer and the percentage made from the sale.......... silly


When a sale is made to a customer on credit it creates an a r which is classified by your company as?

Asset


When a sale is made to a customer on credit it creates an Accounts Receivable which is classified by your company as?

an asset


When a sale is made to a customer on credit it created an account receivable which is classified as?

Sundry Debtors


When a sale is made to a customer on credit it creates an Accounts Receivable which is classified as?

Sundry Debtors


What are the advantages of Point Of Sale to the customer?

The point of sale system in reference to the customer is going to overall enhance their shopping/buying experience. Less mistakes will be made, it should speed up their time at the register. The POS system can store their information for future use, process credit card trasactions. In my opinion there are no disadvantages for the customer with a well working point of sale system.


What are the objectives of point of sale?

The objective of the point of sale is to complete the sale and have the customer leave with the merchandise. It is important to remember that it is the last contact the customer has with the store, so it should be extremely friendly and encourage the customer to want to return. Point of Sale provides 1. Inventory Management 2. Customer Data 3. Accounting Automation


What is the explanation of revenue cycle?

The revenue cycle is the sequence of transactions beginning from the time when a sale is first made, through billing the customer, through the time cash is received from the customer in payment of the bill.