GETTING PAID BUSINESS VOCABULARY IN USE

 

BUSINESS VOCABULARY IN USE 29. GETTING PAID

 

A Shipping and billing When you ask to buy something, you order it, or place an order for it. When the goods are ready, they are dispatched or shipped to you. An invoice is a document asking for payment and showing the amount to pay. The activity of producing and sending invoices is invoicing or billing. B Trade credit Vaclav is talking about his furniture business. ‘Of course, we don’t expect our business customers to pay immediately. They are given trade credit, a period of time before they have to pay, usually 30 or 60 days. If a customer order a large quantity or pays within a particular time, we give them a discount, a reduction in the amount they have to pay. C Accounts Jennifer and Kathleen are businesswomen. Jennifer has her own company in Britain and Kathleen owns one in the US. EXERCISES 29.1 Put these events in the correct order. 1. Messco dispatched the goods to Superinc. 2. Superinc ordered goods from Messco. 3. Superinc eventually settled the  invoice. 29.2 Complete these sentences using expressions from B opposite. 1. _____________ _____________ is a constant problem. I get materials from suppliers on a 30-day payment basis, but I’m supplying large companies who pay me on a 60-day payment term. 2. With some types of new wine, you can pay a special price _____________ and wait for it to be delivered in about ten months’ time. 29.3 Replace the underlined words with expressions from C opposite, using British English. My name’s Saleem and I own a clothing company. Our (1) most important customers are department stores. Getting paid on time is very important and we have an employee whose job is to chase (2) people who owe us money. Of course,

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