OCC and Open account: Difference between pages
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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== | == See also == | ||
*[[ | * [[Credit]] | ||
*[[ | * [[Paid on production]] | ||
* [[Payment in advance]] | |||
* [[Prompt Payment Code]] | |||
[[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.
