Open account: Difference between revisions
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imported>Doug Williamson (Link with Payment in advance page.) |
imported>Doug Williamson (Link with new Prompt Payment Code page.) |
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* [[Credit]] | * [[Credit]] | ||
* [[Payment in advance]] | * [[Payment in advance]] | ||
* [[Prompt Payment Code]] | |||
[[Category:Trade_finance]] | [[Category:Trade_finance]] | ||
Revision as of 13:53, 5 April 2015
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.
