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1. 2. 3. 4. 5. 6.7. 8. 9. 10. 11. 12. 1. payment in advance 2. payment at time of shipment 3. payment after shipment 4. open account 5. negotiable document 6. correspondent 7. test key 8. booklet
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How to fill out payment in advance

01
To fill out payment in advance, follow these steps:
02
Begin by determining the amount of payment required in advance.
03
Collect the necessary payment information such as account details or payment methods.
04
Prepare an invoice or payment request specifying the due date for the advance payment.
05
Communicate with the recipient about the payment in advance requirement.
06
Ensure the payment instructions are clear and easily understood.
07
Give the recipient a defined period within which the advance payment is expected.
08
Provide multiple options for the recipient to make the payment (e.g., bank transfer, online payment).
09
Follow up with reminders if the advance payment is not received within the specified timeframe.
10
Once the payment is received, acknowledge and update the payment status accordingly.
11
Keep proper records of the advance payment for future reference and accounting purposes.

Who needs payment in advance?

01
Payment in advance is commonly required by businesses or individuals who provide goods or services on a pre-order basis.
02
Some examples of those who may need payment in advance include:
03
- Online retailers requiring upfront payment before shipping products.
04
- Service providers or contractors requiring an advance deposit before starting work.
05
- Event organizers or venue providers requiring upfront payment to secure a booking.
06
- Subscription-based businesses requiring advance payment for a specified period.
07
- Independent sellers or freelancers requiring payment before delivering their products or services.
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Payment in advance is when a payment is made before receiving the goods or services.
Any individual or business who wants to secure goods or services before payment is required to file payment in advance.
Payment in advance can be filled out by providing the required payment amount and details of the goods or services being purchased.
The purpose of payment in advance is to secure goods or services without the need for immediate payment at the time of receiving them.
The information required to be reported on payment in advance includes the payment amount, details of the goods or services, and any terms or conditions of the payment.
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