Unpaid invoices are accounts receivable, which means that the company will receive that amount but at a later date. If the company faces a liquidity crunch in that period, it has the option to go for ...

Trade Finance Global A deferred payment credit, or letter of credit (LC) available by deferred payment, specifies a tenor for payment of drawings under the LC. The tenor may be stated as a set number ...

PPRA Director General Patrick Wanjuki, in a circular last Friday, warned county accounting officers to adhere to procurement ...

In South Africa, where vehicle insurance is not a legal requirement, understanding the claims process with the Johannesburg ...

For months after buying her "dream home", Elizabeth Earle was freezing cold, had no shower and was forced to use a bucket instead of a toilet. But she was willing to make sacrifices for a ...

they would simply shift to another supplier! Problem solved! The U.S. Department of Commerce says “We find that 80 percent of the gross output generated by U.S. manufacturers in 2022 came from ...

An issue which left Lloyds Bank and Halifax customers unable to receive or make payments has been fixed. Lloyds Banking Group, which operates both banks, said the apps were "back to normal".

This advertisement has not loaded yet, but your article continues below.

The letter, from Jonathan Blum, a Treasury official, said that a review of the Treasury's Fiscal Service payment system has not caused "payments for obligations such as Social Security and ...

COMPONENTS manufacturer Fu Yu Corporation on Thursday (Feb 6) said that it has received a second letter from Victor Lim, its largest shareholder ... revealed that the business unit made one or more ...

Gain full access to the most trusted resource in seafood industry news by becoming a Premium member!

The information, provided in a letter to lawmakers from a Treasury ... is not resulting in the suspension or rejection of any payment instructions submitted to Treasury by other federal agencies ...