Frequently Asked Questions with Links
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How to know AUTHENTICATED Business Name Search?
Business Name Search - Jemie 0216 Store / Alliance in Motion Global Inc.
What is anti-fake news Bill?
Anti Fake News Bill - Under Senate Bill No. 1492, or An Act Penalizing the Malicious Distribution of False News and Other Related Violations, Sen. Joel Villanueva defined false news or information as those which either intend to cause panic, division, chaos, violence, and hate, or those which exhibit a propaganda to blacken or discredit one's reputation.
How to compute the monthly amortization for the property you want?
Stimulate your loan options and rates and receive an offer. Here's the sample of Loan Calculator .
What is Data Privacy Act 2012?
In 2012 the Philippines passed the Data Privacy Act 2012, comprehensive and strict privacy legislation “to protect the fundamental human right of privacy, of communication while ensuring free flow of information to promote innovation and growth.” (Republic Act. No. 10173, Ch. 1, Sec. 2).
Read the Reference: https://privacy.gov.ph/data-privacy-act/
Read the Reference: https://privacy.gov.ph/data-privacy-act/
What is Business Email Address SSL?
SSL (Secure Sockets Layer) is the standard security technology for establishing an encrypted link between a web server and a browser. This link ensures that all data passed between the web server and browsers or a mail server and a mail client remain private and integral.
The Purpose of using SSL Certificates. SSL is the backbone of our secure Internet and it protects your sensitive information as it travels across the world's computer networks. SSL is essential for protecting your website, even if it doesn't handle sensitive information like credit cards.
The Purpose of using SSL Certificates. SSL is the backbone of our secure Internet and it protects your sensitive information as it travels across the world's computer networks. SSL is essential for protecting your website, even if it doesn't handle sensitive information like credit cards.
What is the Business Style in the Receipt?
Revenue Memorandum Circular No. 55-2019 (RMC NO. 55-2019)
Clarification on the Meaning of "Business Style" Being Required in the Official Receipts and Invoices
Business Style and Business Name almost the same base on the tin number of the buyer.
Click to Read the Reference in BIR:
https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMC%20No%2055-2019.pdf
Clarification on the Meaning of "Business Style" Being Required in the Official Receipts and Invoices
Business Style and Business Name almost the same base on the tin number of the buyer.
Click to Read the Reference in BIR:
https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMC%20No%2055-2019.pdf
What are the most common invoice terms?
What are the most common invoice terms?
If you invoice your customers, there are some invoice terms and definitions with which you should be familiar. These include common payment terms, payment types, and invoice funding options you can use.
The 10 most common invoice terms and their definitions are:
https://fitsmallbusiness.com/best-invoice-terms/
If you invoice your customers, there are some invoice terms and definitions with which you should be familiar. These include common payment terms, payment types, and invoice funding options you can use.
The 10 most common invoice terms and their definitions are:
- Terms of sale: Payment terms the buyer and seller have agreed to for the purchase and sale of products and services. This includes the purchase price, delivery charges, and shipping charges. It also specifies the due date.
- Payment in advance: Deposit or payment made by a customer before starting work on a project. For example, a customer might make a 50% deposit to start work on the project with the balance due upon the completion of the project.
- Immediate payment (aka, c.o.d.): Immediate Payment means that Payment is due at the same time a product or service has been provided or delivered. [NOTE: This is the only recommended in Jemie 0216 Store means of terms in the CASH receipt]
- Net 7, 10, 30, 60, 90: Payment is due within 7, 10, 30, 60 or 90 days after the invoice date.
- 2/10 Net 30: 2/10, net 30 invoice payment terms include a 2% discount if the invoice is paid within 10 days of the invoice date; otherwise the invoice is due in full 30 days after the invoice date. For example, an invoice for $1,000 could be settled for $980 if it is paid within 10 days.
- Line of credit pay: Most common among larger corporations, line of credit pay gives the customer the ability to pay their invoices over a period of time (e.g., monthly or quarterly).
- Quotes & estimates: Quotes and estimates are essentially a proposal for a prospective that includes a list of the products and services, the estimated cost and other pertinent details. In general, you create quotes and estimates for new or existing customers to get their approval before you begin work on a job or project.
- Recurring invoice: Recurring invoices are scheduled payments made to a debit or credit card you have on file for a customer. Recurring payments are generally used for repeat services such as monthly pool service or monthly bookkeeping services.
- Interest invoice: If a customer fails to pay their invoices on time, you can charge interest on the total amount due on each invoice. The calculation would be based on the number of days the invoice is past due.
- Invoice factoring: Invoice factoring is selling or assigning your customer invoices to a factoring company. They will pay you on average between 80-90% and then once they collect payment from you customers they will provide you with the remaining balance after fees.
https://fitsmallbusiness.com/best-invoice-terms/
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