Open account: Difference between revisions
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imported>Doug Williamson (Link with new Prompt Payment Code page.) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Credit]] | * [[Credit]] | ||
* [[Paid on production]] | |||
* [[Payment in advance]] | * [[Payment in advance]] | ||
* [[Prompt Payment Code]] | * [[Prompt Payment Code]] | ||
[[Category:Trade_finance]] | [[Category:Trade_finance]] |
Revision as of 15:26, 28 March 2016
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.