12/11/2023 0 Comments Tax invoice definitionThat is, the payment time that would ordinarily have occurred had supply chain financing not been used. This is intended to ensure that a large business calculates payment times where supply chain finance arrangements are used on the basis of the standard payment period. Where supply chain finance arrangements are used, the invoice is considered paid at the end of the relevant supply payment period. It is included in a report under the bracket of payments made within 20 days. Where the invoice is paid before it is received, the payment is a zero-payment time.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |