Reconciliation Accounting
Review unexpired quotes and estimates
Price quotes are price estimates based on our discussions of your testing requirements. Price quotes are free of charge, are binding on Insight Assessment if accepted in writing before they expire, which is naturally 30 days, but not binding on you. If you do not wish to accept an unexpired price quote, you might decline it or request a new price quote as your plans change or the parameters of your project become more defined. For instance you might request a quote for a different number of tests, a different testing instrument, or a different mode of test administration.
Sales orders represent our mutually binding contract to offer the enumerated products and services you have ordered for the dollar amount quantified therein. Generation of a sales order will automatically quick our fulfillment department to ship your order or stimulate your digital testing account and produce an invoice. A sales order necessitates documentation. Instances include an email or fax in which you place the order, or a government contract, or a signed price quote, or organizational purchase order. Circumstances of sale are included on sales orders.
Invoices are demands for full or partial payment on past or future products and services and are due and payable within 30 days to avoid accumulation of interest and/or late payment fees. Some recognized domestic customers, for instance, receive an invoice each month for testing that has ensued in the prior month.
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