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The words "outward or inward" associate with "transactions" are giving information of the 'status' of an incoming or outgoing processed transaction while the process of processing/aquiring/issuing for example in the arbitration's process of a credit card transaction which has been disputed.
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What is an inward invoice and an outward invoice?
An "inward" is one you receive that you need to pay. An "outward" is one you prepare and send to someone to pay you.
What is inward and outward remittance system in India?
An Inward remittance system in India includes receipts of money that has been transferred into India. An Outward remittance system is used to track money transferred overseas.
What is inward clearing in banking?
In banking, inward clearing refers to a check received by a bank from another bank. Essentially, it is a transaction between two banks to pay fees, loans or other debt. It can also be for the purchase of equipment from one bank to another.
What is the Accounting definition of carriage inward?
Carriage inward :Occurs when a business has to pay for purchased goods to be delivered to it's Premises.Carriage Outward:Occurs when a business PAYS for sold goods to be delivered to it's customers premises.Carriage inward and outward are always debited and both must be treated as Expenses.
What is Inward GIRO Return?
An interbank fund transfer transaction amount may be returned by the beneficiary bank if the beneficary account number is an invalid account.
What is the meaning of inward and outward in banking services for example transaction charges for RTGS to inward and outward?
"Inward" refers to receiving funds, while "outward" refers to sending funds. So, in banking services, transaction charges for RTGS would vary based on whether you are sending money outward (making a payment) or receiving money inward (receiving a payment) through the RTGS system.
What is difference between inward LC and outward LC?
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
What is the device designed to detect a difference in current between circuit wire called the inward and outward paths?
GFI
Explain the difference between outward-oriented and inward-oriented growth?
Hahahahaha IB past paper?? Am doing the same question :D
What is the difference between freight outwards and freight inwards?
the transportation charge that we pay for is freight inward when we are importing something from suppliers, and is freight outward when we are selling to customers.
What is the difference between concave and convex shapes?
Concave shapes curve inward, like a cave, while convex shapes curve outward, like a bump.
What is the difference between convex and concave shapes?
Convex shapes curve outward, like a dome, while concave shapes curve inward, like a cave.
Do yaw bearings theeth point outward or inward?
Outward
What is the difference between carriage inwards and carriage outwards?
Carriage Inward Including when Raw Material Import/Purchase from other side to Factory or Production house on that time use Carriage inward ( Use Trading A/c) Carriage Outward when
Difference between a bay and a peninsula?
A bay is a big inlet of the sea and the land curves inward. A peninsula is a piece of land that is surrounded by water and basically projects outward into the water.
What is an inward invoice and an outward invoice?
An "inward" is one you receive that you need to pay. An "outward" is one you prepare and send to someone to pay you.
What is the difference between polyps and diverticula?
Polyps bulge inward and diverticular bulge outwards I believe the person that wrote the above answer hasit backwards. Polyps are outward growths like a pimple whereas diverticular are inward pockets that trap waste and can become infected.
