Remittance Advice Template

There are different sources of remittance such as check draft and other electronic ways.

Remittance advice template. A remittance advice template is a formal document sent by a customer to the supplier of products or services in order to convey the message that the invoice has been paid. This particular template is prepared in ms word format so that changing and customizing it is easy for you. It is of great importance no doubt about it as it will assist you by providing all the relevant information regarding the payments or transaction. Remittance advice is not mandatory but it can help a lot to manage account receivable by companies.

A remittance advice letter serves as a notifying document about the paid invoice to the seller and not exactly as a proof of payment. Generally a proper template is drafted like a cash receipt to record this money transferring transaction. This is usually used to inform the supplier that the invoice has been paid. Remittance is a sum of money sent to his hometown by worker who works in abroad.

But many general remittance forms are available for download from internet which makes it very much simple to make a remittance slip. A remittance advice slip is a well known document which typically provides information or explanation regarding reasons of payment its adjustments and any uncovered charges or claims. Remittance advice is a very important business document which shows that invoice has been paid and also identifies the mod of payment. A remittance template will include information about the sender recipient the agents money sent date and locations where the money is sent from and to.

Remittance advice ra information an overview target audience. The customer sends this letter to inform and help the accounts department of the seller in matching the cash inflows to the invoices. A remittance advice slip is a document or letter which is sent by the customer to a supplier. Providers physicians and suppliers the hyperlink table at the end of this document provides the complete url for each hyperlink.

In other words remittance can be defined as any form of money transfer or payment made from your working country to home country. Get remittance template here.