remittance advice


remittance advice
remittance advice UK US noun [C]
ACCOUNTING, COMMERCE a document that is sent by someone who makes a payment to the person receiving it, with details of the amount, method of payment, etc.: »

If the payment is by BACS, the remittance advice will include the BACS reference.

See Note INVOICE(Cf. ↑invoice)

Financial and business terms. 2012.

Look at other dictionaries:

  • Remittance advice — In business transaction, a remittance advice is a letter sent by a customer to a supplier, to inform the supplier that his invoice has been paid. If the customer is paying by cheque, the remittance advice often accompanies the cheque.Remittance… …   Wikipedia

  • remittance advice — /rɪ mɪt(ə)ns ədˌvaɪs/, remittance slip /rɪ mɪt(ə)ns slɪp/ noun an advice note sent with payment, showing why it is being made (i.e. quoting the invoice number or a reference number) …   Dictionary of banking and finance

  • Electronic Remittance Advice — An Electronic Remittance Advice is an electronic version of a payment explanation which provides details about providers claims payment, and if the claims are denied, it would then contain the required explanations. ERA are provided by plans to… …   Wikipedia

  • Remittance — can also refer to the accounting concept of a monetary payment transferred by a customer to a business. See remittance advice A remittance is a transfer of money by a foreign worker to his or her home country. See remittance man below for the… …   Wikipedia

  • advice — ad‧vice [ədˈvaɪs] noun 1. [uncountable] information given to someone, especially by an expert, so that they know what to do and can make the right decision: • She will remain on the board and provide financial advice to the company. • a law firm… …   Financial and business terms

  • advice — advice, advise 1. Advice is a noun (‘an opinion given about future action’) and advise a verb (‘to give advice to’), in both BrE and AmE: • The hardest thing is knowing where to go to get help, to get the advice and information you need The Face …   Modern English usage

  • Supplier enablement — is the process of electronically connecting suppliers (or other trading partners) to a company s supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company s back office systems to exchange… …   Wikipedia

  • Health Insurance Portability and Accountability Act — The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers… …   Wikipedia

  • Medical billing (United States) — Medical billing Coding is the process of submitting and following up on claims to insurance companies in order to receive payment for services rendered by a healthcare provider. The same process is used for most insurance companies, whether they… …   Wikipedia

  • Cheque — A Canadian cheque …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.