Difference between revisions of "Reinvoicing"

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Revision as of 14:20, 23 October 2012

A method of centralising responsibility for monitoring and collecting international accounts receivable and improving foreign exchange exposure management.

Invoices received by a group subsidiary in a currency other than that of their operating company are accepted by the reinvoicing centre. The reinvoicing centre then issues an invoice on its behalf to the subsidiary in the subsidiary’s operating currency.

See also