A sales discount is a price reduction a company offers a customer as an incentive to pay an invoice within a certain time period. Using the net method of accounting for sales discounts, record the ...

SAN FRANCISCO--(BUSINESS WIRE)--According to a new study, forward-thinking finance executives are taking advantage of working capital optimization tools such as dynamic discounting, tapping into a new ...

A small vendor from Gujarat supplying chemicals to a large petroleum corporation listed its invoice worth Rs 1.5 lakh on the M1xchange discounting platform. After the corporation approved the invoice, ...

However, under a conventional factoring agreement, the supplier makes the delivery and then sells its invoice(s) or accounts receivable (AR) to a third-party, often to a bank or financial institution ...

Infrastructure, electricals/electronics, auto & ancillaries, textiles, energy, and agro industries account for over 60 per cent of M1xchange’s total throughput ...