Transaction Documents Flashcards
1
Q
COD
A
pay for goods on delivery rather than before
2
Q
e&oe
A
a disclaimer on an invoice showing that the supplier is attempting to reduce legal liability
3
Q
t&c
A
restrictions or statements
4
Q
terms
A
by which payment should be made
5
Q
purchase order
A
legally binding document that shows the agreed time and price of goods
6
Q
invoice
A
supplier requesting payment for goods
7
Q
credit note
A
voucher for refunds or if goods are damaged
8
Q
statement of account
A
issued by supplier showing all transactions