Credit sale and salaries
This query is : Resolved
30 January 2023
why don't we charge interest for credit sales.
also salaries of a month are giving on the next month is it a loss to the employee as he loses his ability to earn income from such salary
also salaries of a month are giving on the next month is it a loss to the employee as he loses his ability to earn income from such salary
30 January 2023
1. Because that is hidden term in the transaction.
2. Salaries are paid at the end of month, when the monthly period of service gets fulfilled.
Sometimes employer/s even give advance, if employee/s request for.
2. Salaries are paid at the end of month, when the monthly period of service gets fulfilled.
Sometimes employer/s even give advance, if employee/s request for.
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30 January 2023
What does it mean by hidden term sir
30 January 2023
Sales (& as such rates) with 30/60/90 days payment term etc..
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