On 03/09/10 14:51, Chris Travers wrote:
>On Tue, Mar 9, 2010 at 2:48 PM, Joseph <[email protected]> wrote:
>> On 03/09/10 14:15, Chris Travers wrote:
>>>On Tue, Mar 9, 2010 at 11:32 AM, Joseph <[email protected]> wrote:
>>>> How to handle correclty pre-paid inventory?
>>>>
>>>Can you be more specific? ?What do you mean "pre-paid?"
>>>
>>>Best Wishes,
>>>Chris Travers
>>
>> What I mean is you pay for supplies/goods first before you receive them.
>> Eg. Supplier sends me "proforma invoice" and I pay it but I don't receive 
>> the goods till maybe after two months; meantime I have to reconcile the bank
>> statement.
>
>Is this the case with all your goods?  Or just some invoices?  Do you
>ever pre-pay part of an invoice?
>
>Best Wishes,
>Chris Travers

Not all but some vendors, especially new ones request prepayment in advance.  
For larger orders some request partial payment.

-- 
Joseph

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