Bill and hold
A bill and hold transaction occurs when a company recognizes revenue before delivery takes place. Normally a revenue is not recognizable until goods are delivered or services are rendered. Exceptions are made when a customer specifically requests that the vendor delay delivery and has a legitimate business reason for the request.
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Bill and hold
A bill and hold transaction occurs when a company recognizes revenue before delivery takes place. Normally a revenue is not recognizable until goods are delivered or services are rendered. Exceptions are made when a customer specifically requests that the vendor delay delivery and has a legitimate business reason for the request.
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A bill and hold transaction oc ...... siness reason for the request.
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A bill and hold transaction oc ...... siness reason for the request.
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Bill and hold
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