Open account: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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* [[Payment in advance]] | * [[Payment in advance]] | ||
* [[Prompt Payment Code]] | * [[Prompt Payment Code]] | ||
* [[Trade credit]] | |||
[[Category:Trade_finance]] | [[Category:Trade_finance]] |
Revision as of 22:07, 30 October 2021
Type of commercial trade credit in which the seller issues an invoice, which is formal evidence of an obligation, and records the sale as an account receivable.