Vocabulary Basics for Business [Electronic resources] نسخه متنی

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Vocabulary Basics for Business [Electronic resources] - نسخه متنی

Barbara G. Cox

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Paying Bills


The Tree Doctor

4092 Eighth St., Riverside, CA 9250X (909) 555-4068


February 18, 200X
Horizon Recreation Village
Accounting Department
4041 Walnut Street
Riverside, CA 9250X
Dear Sir/Madam:
Four months ago, we sent you an invoice for trimming
your trees. Shortly thereafter, your accounts payable
division indicated that you needed to defer payment for
60 days due to a business slowdown.
The 60 days, and more, have now passed. Please remit
payment immediately. Our accounts receivable department
will be expecting your check within seven days.
Thank you for your immediate attention to this
matter.
Sincerely,
Rosella Springer
Rosella Springer
Accounts Receivable Manager


WHAT DO YOU KNOW?


Circle the word in parentheses that best completes each sentence.









1

Our (payables / receivables) department would like to receive your payment as soon as possible.


A1:

receivables. Receivables departments receive payments. They also send out invoices and statements.

2

Your (payables / receivables) department has not sent payment.


A2:

payables. Payables departments pay invoices.

3

(Remit / Permit) payment immediately. Do not (defer / refer) payment to a later date.


A3:

remit; defer. To remit payment is to send it; to defer it is to delay it.

4

We are sending the (invoice / manual) for our services. Please pay it within seven days.


A4:

invoice. An invoice is a bill asking for payment.



TERMS RELATED TO PAYING BILLS


invoice
list of items or services along with their prices, shipping, and other costs, indicating an amount owed by the customer; a bill

remit
send payment

defer
delay

payable
owed by a company or individual; an amount to be paid

receivable
owed to a company or individual; an amount to be received or collected



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