Accounts Receivable (AR) Question: Download Accounts Receivable PDF

What is Evaluated Receipt Settlement?

Tweet Share WhatsApp

Answer:

ERS is a business process between trading partners that conduct commerce without invoices. In an ERS transaction the supplier ships goods based upon an Advance Shipping Notice (ASN) and the purchaser upon receipt confirms the existence of a corresponding purchase order or contract verifies the identity and quantity of the goods and then pays the supplier.

Download Accounts Receivable PDF Read All 33 Accounts Receivable Questions
Previous QuestionNext Question
Explain What are the issues related with Accounts receivable?What is total flow of Account Receivables?