Inland Revenue and Payment float: Difference between pages
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imported>Doug Williamson (Noted as 'the former', added date and rewording but STET page for historical significance) |
imported>Doug Williamson (Classify page.) |
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The time interval between the receipt of an invoice by the payor, including the credit period, and the time the payor’s bank account is charged for funds in payment of the invoice. | |||
May also be quantified and expressed in cash amounts. | |||
== See also == | == See also == | ||
* [[ | * [[Processing float]] | ||
[[Category: | [[Category:Cash_management]] | ||
[[Category:Liquidity_management]] | |||
Latest revision as of 06:43, 2 July 2022
The time interval between the receipt of an invoice by the payor, including the credit period, and the time the payor’s bank account is charged for funds in payment of the invoice.
May also be quantified and expressed in cash amounts.
