Open account

From ACT Wiki

Revision as of 13:53, 5 April 2015 by imported>Doug Williamson (Link with new Prompt Payment Code page.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to navigation Jump to search

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

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Open_account&oldid=35369’

Trade finance

Navigation menu