Simple is Beautiful; the only thing came in my mind when thought of documentary collection. And I think more and more people are thinking the same in these days. Documentary Collection offers us far greater security than selling on open account; but not as much as a documentary credit. We should therefore be more cautious before starting selling using this method of payment. Documentary Collection Forum is an effort to help you on this way – admin; besttradesolution.com
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fionawang
- Posts: 41
- Joined: Sun Mar 29, 2009 5:18 am
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by fionawang » Tue Oct 27, 2009 4:59 pm
I guess it's Inward Documentary Bill..Could anyone explain to me?
It's that a kind of short term advance under inward collection??
Thank you very much!:)
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akomolpa
- Posts: 54
- Joined: Thu Mar 12, 2009 5:04 pm
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by akomolpa » Mon Nov 23, 2009 11:01 am
I guess so, it isn't generally specific term. But I don't think it's a kind of short term advance under inward collection, I think it's just a contingent lialibility in accounting.
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picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
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by picant » Mon Nov 23, 2009 7:16 pm
Hi Pal
please specify the contest in which you find such acronym ?
Thanks and Ciao
