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What else can I help you with?
What account gets debited when a company renders services?
The customer's, once they pay the invoice for the services rendered.
What is the meaning of corporate client?
A corporate client is someone who has an expense account that can pay a vendor for services or product rendered. It is also a large company that may come to you for a service or product versus a small company or individual.
What happens if a company refuses payment for goods or services rendered?
If a company refuses payment for goods or services rendered, the other party may take legal action to recover the owed amount. This could result in a lawsuit, court judgment, or other legal consequences for the company that refused payment.
Will service tax be paid for the service rendered outside India by a foreign service provider but bill to an Indian company?
As long as Services are rendered outside India, Service tax is not applicable.
Do health insurance deductibles apply to the year services are rendered or the time the insurance company receives the bill?
The year the services were received. Don http://mtnhealthinsurance.com
Can a company who closes your account try to collect interest three years after closing the account?
Yes, if you still owed a balance at the time the account was closed. Just because a company closes an account does not mean that any balances that are owed to them disappear. If your account was closed and there was still a balance outstanding and you did not pay that balance, the company has every right to collect the balance and any interest outstanding.
What services does cenlar mortagage have?
Cenlar is a subservicing company. A company that provides mortgage subservicing will collect your monthly mortgage payments and maintains your escrow account for tax and insurance payments. Many banks use them to handle the maintenance of their mortgage loans.
What are the services rendered by leasing company?
Financial Products and Services Equipment Financing Receivables Financing Inventory Financing Finance Lease Operating Lease Money Market
Which account shows the amount of accounts receivable that a company does not expect to collect?
Allowance for Uncollectible Accounts
What do you call it when the doctor bills the insurance company to get paid out?
A direct payment. Claim Submission. The Physician office will submit a "claim" to the insurance company in order to be paid for the services rendered.
What is considered an active a collection account?
An active collection account is a debt that a company is attempting to collect. This continues until all avenues are exhausted.
How long can a collection company try to collect on an account?
Until your state's statute of limitations runs out on that debt.
