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Invoice Date
This is the date on which an invoice is issued, marking the point when the seller officially requests payment from the buyer for goods or services provided.
Terms of Sale
Conditions agreed upon by a buyer and seller regarding the purchase, including payment and delivery conditions.
Credit Analysis
The process of determining the probability that customers will or will not pay.
Payables Policy
The guidelines a company follows regarding how and when it will pay its bills and invoices to creditors.
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