Advance payment: Difference between revisions
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imported>Doug Williamson (Create the page. Source: Supply chain finance standard definitions.) |
imported>Doug Williamson m (Add category.) |
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==See also== | ==See also== | ||
*[[Payment in advance]] | *[[Payment in advance]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Cash_management]] | |||
Latest revision as of 13:18, 8 October 2020
Any payment made in advance of a prescribed event, for example a due date or the commencement date of a contract.
Advance payments include payments in advance under contracts for the supply of goods or services.
