Pay as you go and Payables finance: Difference between pages

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(PAYG).
''Supply chain finance''.


1. ''Pensions.''
A buyer-led programme in which the suppliers can receive early discounted value for amounts receivable from the buyer.


A pension arrangement under which benefits are paid out of revenues and no funding is set aside to meet future liabilities.
The buyer would typically be a stronger credit than the supplier, and the financing cost would be aligned with the buyer's lower cost of financing.




2. ''Australia - tax.''
The payable continues to be due by the buyer until its due date.


The Australian equivalent of the UK PAYE tax administration system.


Payables finance is sometimes known as 'reverse factoring'.


3.


Any other arrangement in which payments are made from time to time as required.
==See also==
*[[Credit]]
*[[Factoring]]
* [[Finance]]
*[[Forfaiting]]
*[[Invoice discounting]]
*[[Payables]]
* [[Supply chain finance]]


 
[[Category:Trade_finance]]
== See also ==
* [[Australia]]
* [[Pay as you earn]] (PAYE)
* [[Unfunded]]
* [[Unfunded scheme]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 06:39, 11 March 2023

Supply chain finance.

A buyer-led programme in which the suppliers can receive early discounted value for amounts receivable from the buyer.

The buyer would typically be a stronger credit than the supplier, and the financing cost would be aligned with the buyer's lower cost of financing.


The payable continues to be due by the buyer until its due date.


Payables finance is sometimes known as 'reverse factoring'.


See also