Open account and Research & development: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Add internal link to SSAP 13.)
 
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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.
(R & D).
 
Discovering new knowledge about products, processes, services and applying this knowledge to create new and improved products, processes, and services to fulfill market needs.
 




== See also ==
== See also ==
* [[Credit]]
* [[SSAP 13]]
* [[Paid on production]]
* [[Payment in advance]]
* [[Prompt Payment Code]]
 
[[Category:Trade_finance]]

Revision as of 13:32, 1 November 2013

(R & D).

Discovering new knowledge about products, processes, services and applying this knowledge to create new and improved products, processes, and services to fulfill market needs.


See also