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It means the invoice has been created. The invoice is the document that is a request to pay for the goods. If the payment has already been made, the invoice may still be issued but shown 'receipted'. In business, invoices are the way that the company keeps track of the amounts of money that are owed to it by customers.
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What happens to over recoveries of invoiced amounts?
Ethically speaking has to be paid back.
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.
Is accrued income posted as cr to accrued income and debit to sales account net?
no its the opposite Accrude income Dr. Sales Cr. Accrued income is income that has incurred but not yet invoiced.
Can deposited money order be cancelled?
Yes. It may have been a bogus money order.
What is LPO financing?
Financing based on invoiced amounts. For example as collateral the bank may lend you up to 70% of your total invoices to enable you to meet your contractual obligations. In return the bank has mitigated it's risk of collection and they get interest for their services.
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 is the accounting term for monies that represent servicesproduct delivered but not yet invoiced?
Accounts receivable / Cash. When it's invoiced it will take money out of cash and into the product or service account.
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 re-invoicing?
Re-invoicing is a financial practice where a company or individual buys goods or services from one entity, then sells them to another at a higher price. It is often used to capitalize on price differences in different markets or to facilitate international trade without physically moving goods. However, re-invoicing can sometimes raise concerns related to tax avoidance or transfer pricing.
Invoiced means what?
request for payment i.e. billTypically a request for payment.
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.
What does the word mean countermanded?
To give a different order after an order has been given.
What happens to over recoveries of invoiced amounts?
Ethically speaking has to be paid back.
What does shipped mean on your GAME order?
IT MEANS IT HAS BEEN SHIPPED
What does order revoked mean?
It has been cancelled, it is no longer valid.
What is the purpose of entering the amount from the invoice?
Verification that the amount invoiced matches the amount ordered and received
What does order Up Mean in terms of a restaurant?
It means when an order has been completed and on hold to serve to the customer
