0
Compaq has the reputation for offering the quality rich stuffs, yet at the lower price bands. After the desktop segments, the trend continues in the laptop specific genre as well. It's not the first time that RightGadgets.in has come in the middle to offer the quality gadgets. But this time, in the form of Compaq stuffs, certainly your consideration for the desired laptops get an unattained level.
What else can I help you with?
What does COD refer to regarding a commercial credit reference from a vendor?
COD stands for "Cash on Delivery" in the context of a commercial credit reference from a vendor. It means that the vendor requires the buyer to pay for the goods or services at the time of delivery, rather than on credit terms. This is a way for the vendor to ensure immediate payment and reduce the risk of non-payment.
Why would a vendor require cash on delivery?
A vendor may require cash on delivery (COD) to minimize financial risk, ensuring that they receive payment before transferring ownership of the goods. This method protects them from potential issues like payment fraud or chargebacks associated with credit transactions. Additionally, COD can appeal to customers who may not have access to credit or prefer not to use electronic payment methods. Overall, it helps vendors maintain cash flow and reduce the likelihood of unpaid invoices.
What is vendor recovery?
Vendor recovery is when you take actions towards a supplier that is under-performing and help them to recover their product quality, delivery accuracy or overall performance to meet agreed delivery terms and conditions.
You owe 690.00 to a food vendor should you pay a collection agency?
No pay the vendor. If you pay the collection agency they will extract a fee from the payment and you will still owe the vendor
What is vendor payment?
Vendor payment refers to the process of compensating suppliers or service providers for goods or services rendered to a business. This payment can be made through various methods, including checks, electronic transfers, or credit cards. Timely vendor payments are crucial for maintaining good supplier relationships and ensuring a smooth supply chain. Additionally, effective management of vendor payments can help businesses optimize cash flow and financial planning.
What is the journal entry payment to the vendor?
Debit accounts payableCredit cash /bank
How can I pay a vendor using a credit card?
To pay a vendor using a credit card, you can provide your credit card information to the vendor either online, over the phone, or in person. The vendor will then process the payment using your credit card details.
Why do you need document splitting in sap fico?
Sometimes we are doing a payment to vendor from the headoffice. And assume that there are several branches and made a payment to vendor but that is not listed into branch GL account that is why we required splitting for zero balancing. A Parent company B branch C branch | | | | | | paid to vendor Paid to vendor Paid to vendor 5000 5000 5000 A GL Account vendor A/c 15000 To A A/c 5000 To B A/c 5000 To C A/C 5000
What is the difference between a cash payment and a payment made to a vendor or contractor through AP and why is one better than the other?
The difference between a cash payment and a payment made to a vendor or contractor through accounts payable is as follows: In a cash payment, the company using the services of the vendor immediately recognizes the expense (by increasing the expense account) and hand over the cash to the vendor (by decreasing the cash asset account). For the vendor, they recognize the revenue upon completion (by increasing the revenue account) and move the cash onto their balance sheet (by increasing the cash asset account). In an accounts payable transaction, the company using the services of the vendor immediately recognizes the expense (by increasing the expense account) and acknowledges the debt (by increasing the accounts payable liability). For the vendor, they recognize the sale (by increasing the revenue account) and acknowledges that the company using their services owes them for the work that they did (by increasing the accounts receivable account). Time eventually passes for the accounts payable transaction and the company that used the services of the vendor sends payment to the vendor (by decreasing the cash account) and acknowledges that the debt is paid (by reducing the accounts payable liability). The vendor receives payment in the mail (by increasing the cash asset account) and acknowledges that the debt is paid (by reducing the accounts receivable asset). The key difference is which party is providing the cash flow. For a cash payment, the transaction is best for the vendor because they are receiving cash immediately. For an AP transaction, the service user is better because they held onto cash for some period of time.
What is the journal entry to correct a payment of a bill which was paid to another vendor in error?
[Debit] Correct Vendor [Credit] Wrong Vendor Only Vendor accounts will be adjusted as cash or bank account is already charged correctly.
Journal entry for Payment of credit purchase by a Cheque?
BY VENDOR Dr TO BANK Cr
How do you collect invoice payment delay?
i have made the client payment very late i want to apologize by writing letter to the vendor on behalf of my management
