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.


See also