What is invoice discounting? and how does it works?
918933
Invoice discounting is a form of financing wherein you sell your claim to companies willing to purchase it in advance lower than the face value. For example you have a claim of 500 pounds to the UK government, claimable on December 2006 but you are in dire need of cash as of the moment. Invoice discounting works in a way that you sell your claim to a company who would like to purchase it lower than 500 pounds.\n\nInvoice discounting works best to companies who have claims to the government or well established companies.
852698
http://www.onlineorganizing.com/ExpertAdviceToolbox.asp\n\nhttp://www.invoice2go.com/inventory.aspx?r=B10&gclid=CImJt_e18IgCFSdJYwodah1IpA
174681
Actually there are two types of Collection Agencies. One actually "buys" the debt from the original creditor. Your credit report will sometimes say "sold to xxx financial". The "sale" or "discount" is determined by what the companies determine as risk and how much they think they can collect.\n\nThe other type is just hired as a service to collect. Service companies get between 5-50% depending on how old the debt how the creditors determine how or if it is collectable.\n\nGood Luck
854387
Are you asking how to invoice someone for a service or product or are you just mooching?
823246
I pay by the 10th to get 2%, checks I have to be sure I mail in plenty of time for the vendor to get deposited into his account.\nDates are usually on the invoice I receive.
442734
An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the Seller has already provided the Buyer with. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms.\n\nA bill is a document requesting payment for goods previously supplied. This presentation of a bill is common practice on the part of restaurants, credit card companies, utilities, and other service providers. The bill for something is the total price of all services and goods received but not yet paid for, and is presented in the expectation of immediate payment in full. If a bill is not paid, a collections company is usually given the responsibility of collecting the amount due and service is terminated. Under English law, a person who makes off without paying the bill, or who dishonestly secures a remission in the amount payable, commits an offence under the Theft Act 1978. When a company cannot pay its bills, it is said to be insolvent.\n\nThese two words are generally used interchangeably.
946478
I'm going to go with B.  \n\nNot really sure what your definition of discount loan is, but assuming that it means amortizing (loan is getting paid off as you go), your balance decreases and the interest charges do as well.
558550
Its pretty much the way it sounds. Your peformance evaluation is based on how well you are preforming:)\nUsually you will sit down with your manager and set a budget or sales goal. At the end of a set term, your bonus or whatever will be determined by how well you met that target.
227685
Dr. Discount (given)\nDr. Cash \nCr. Sale \n\nThis is the journal entry for recording the transaction... it gives the accounts affected..\n\nKnow the fundamental concepts of accounting here...\n\nhttp://www.futureaccountant.com/accounting-process/study-notes/\n\nhttp://www.futureaccountant.com\nhttp://www.schoolingkids.com
1083840
I don't agree....\n\nFirst off, let's suppose the purchase is of $100. And the sales tax is ten bucks extra. Because if the sales tax were included in $100, it would be $9.09.\n\n(Accrual basis - Sales Tax or VAT)\n\n(SALE)\nAR-Clients  $1,100 dr\nSales $1,000 cr\nSales tax - payable  $100 cr\n\n(COLLECTION)\nBanks - $1,100 dr\nAR-Clients  $1,100 cr\n\n\n(PURCHASE)\nInventory  $1,000 dr\nSales tax creditable $100 dr\nAP-Vendors $1,100 cr\n\n(PAYMENT)\nAP-Vendor $1,100 dr\nBank - $1,100 cr\n\n\n(Cash flow Sales Tax or VAT)\n\nBut did you really generate Sales Tax (or VAT) when you made the credit sale? \nThe answer is no. Normally you would create a special account, probably with the following description: (Sales Tax Witholding - Pending ). You would credit the account at the moment you made the credit sale. \nThen, you would debit the account when you actually receive the payment, against Sales Tax Witholdings - Payable.\nThis is also true, for purchases...\n\nFor example:\n\n(SALE)\nAR-Clients $1,100 dr\nSales  $1,000 cr\nSales tax witholdings - pending $100 cr\n\n(COLLECTION)\nBanks $1,100 dr\nAR-Client $1,100 cr\n\nSales tax witholdings - pending $100 dr\nSales tax witholdings - payable $100 cr\n\n\nFor example:\n\n(PURCHASE)\nInventory  $1,000 dr\nSales tax payable - pending  $100 dr\nAP-Vendors $1,100 cr\n\n(PAYMENT)\nAP-Vendor $1,100 dr\nBank - $1,100 cr\n\nSales tax creditable $100 dr\nSales tax payable - pending  $100 cr\n\n\nI hope this information is still usefull to you...\nIf this is not what you were looking for send me a message!
269193
it is 30% discount\nhere's how u do it\n(18/60)*100 = 30
388544
Pricing of the rooms depends on many things. First, the country,city, location, season and type of hotel. i.e. 7/5/4/3/2/1/ star categories. Walking in guest will have a different tariff then a corporate guest. Most airlines, travel agents and companies get the benefit(Discount) of bulk booking. Also if you stay longer and have a good way of talking to staff, you will get discount.
112195
The merchant will usually receive deposits into their bank account daily for credit card sales. However, as a fee to process the credit cards, a "discount" of a certain percentage (anywhere from 2%-5%) will be taken out. The discount may be charged as a lump sum each month or your deposits into your account will be reduced by the amount of the discount on a daily basis. Credit card processors will send a monthly statement to help you balance to your actual credit sales and your bank statement.
1040413
Enter the account that you use to track discounts you give to customers. You can use either an expense account or an income account. When an income account tracks discounts on sales, the account is often called a "contra-income" account.\n\nSelect the tax code for this item.
583900
Just move the decimal one spot to the left\nFor example:\n\nJacket costs $200.00, for ten percent discount move the decimal and you get $20.000.\nOriginal price (200) minus the ten percent discount (20) is $180.  Yay math!
874519
No, there arent any!  The discount code on the payment form is purely for seller discounts and they would notice!..;
146225
If I buy $200 of stuff from Amway this month, I'll get a 3% bonus check (3% of $200 = $6). If I share the opportunity with nine others, and we each buy $200 of stuff from Amway this month, they each were responsible for $200 and will get $6, but I'm responsible for $2000, moving me to the 12% level. I get $240. However, I'm responsible for paying the bonuses of the people right below me - $54 - so I keep $186. I make more because I did more, I found nine people who wanted to buy at a discount and get a bonus for doing it. After I reach the 25% bonus level there are other bonuses that kick in, but they're all based on the volume of product flow, not on signing people up or having lots of people (Bob Queenan, personal correspondence). [April 7, 2004. Gary Elliot Murway writes: Please correct: distributors/IBOs no longer need to pay downline bonuses. Quixtar can pay each IBO directly.]\n\nbelow link for more info.