Answer Detail: RE: Remittance

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Question: Remittance

Answer: difference between Standard Remittance and Bills Receivable Remittance?

September 09, 2008 09:40:12	#1
riyaz_00	Member Since: September 2008 Total Comments: 2
RE: Remittance
Standard remittance is remittance to bank a negotiable instrument which has current date or prior date. Bills recievable remittance is remiting to bank a future dated instrument for collection on maturity date.