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Definition
| The recurring set of business activities and info processing operations associated with providing goods and services to customers and collecting cash in payments for those sales. |
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Definition
| The document created during sales order entry listing the item #, qty, & terms of the sale |
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Definition
| The maximum allowable account balance for each customer, based on past credit history and ability to pay. |
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Definition
| A document authorizing the purchase or production of items for which sufficient qty is not available to meet customer order |
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Definition
A document authorizing the inventory control function to release merchandise to the shipping deptarment
Often printed so that the item # & qty are listed in the sequence in which they can be most efficiently retrieved from the warehouse |
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Definition
| A document listing the quatity and description of each item included in a shipment |
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Term
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Definition
Legal contract defining responsibility for goods while they are in transit
Identifies: 1. Carrier
2. Source
3. Desination
4. Any special Shipping instructions
5. Which party pays the carrier |
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Term
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Definition
| A document notifying customers of the sale amount and where to send payment |
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