Reinvoicing

From ACT Wiki
Revision as of 14:57, 20 August 2013 by Doug Williamson (Talk | contribs) (Spacing 20/8/13)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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