Evaluated receipts settlement involves:
A)The purchaser paying for goods without receiving an invoice
B)The supplier issuing an invoice before goods have been delivered
C)Speeding up the accounts receivable process for a vendor
D)The electronic sending and payment of invoices

Question

Quizplus · Accepted Answer

Evaluated receipts settlement (ERS) is a process where the purchaser pays for goods based on the receipt of goods and purchase order details, without the need for an invoice from the supplier.

Evaluated Receipts Settlement Involves