Sales Ledger definition

Sales Ledger means an account maintained by Santander in the Client's name to record the prospective Purchase Price of Debts.
View Source
Sales Ledger means the book containing particulars of goods sold required to be kept by a licensed dealer by virtue of the provisions of paragraph (b) of subsection (1) of section 9 of the Act;
View Source
Sales Ledger means the place where official corporate sales transactions are recorded, or an extract from it.
View Source

Examples of Sales Ledger in a sentence

  • Whilst we shall debit all Collections to your Sales Ledger Control Account on the date of receipt of the relevant Collection, for the purpose of calculating Factor's Discount, value for Collections will only be credited to your Sales Ledger Control Account 6 Working Days after the date of receipt of the Collection by us or, if later, on the date we receive cleared funds in our account.

  • Santander will use the Conversion Rate on the day Santander credits the prospective Purchase Price of the Debt to the Sales Ledger.

  • Santander will use the Conversion Rate on the day Santander credits either the Remittance or the Purchase Price of a Protected Debt to the Sales Ledger.

  • Except where you have a Non-Recourse Facility when we may not exercise Recourse in respect of those Covered Debts whose Payment Account Credit Date, referred to in the Sales Ledger Financing Agreement, shall have passed before events (a) and (b) immediately above.

  • FIRST LOSS - [applicable only to our Non-Recourse Facility] - in relation to each Debtor at any time - the amount exclusive of Value Added Tax specified in the Sales Ledger Financing Agreement for which we shall not accept the Credit Risk despite the designation of a Debt as a Covered Debt.

  • If You owe more than the amount worked out by applying the Prepayment Percentage and High Involvement to the Unpaid Approved Debts at any time You will pay Us the difference on demand; A Sales Ledger Control Account: showing when We receive Collections (but when calculating Our Discount receipt will be deemed 6 Working Days after this).

  • CREDIT PERIOD - in relation to an Approved Debt - the period specified in the Sales Ledger Financing Agreement (or such other period as may from time to time be notified to you in writing by us).

  • EARLY PAYMENT CEILING - [applicable to our Early Payment Facility] - the amount shown in the Sales Ledger Financing Agreement as the Early Payment Ceiling, which will be used by us to calculate the Early Payment Limit or such other greater or lesser amount as we may from time-to-time advise you.

  • Sales Ledger Financing DEBTOR - a company, partnership (whether limited or unlimited), sole trader or other legal entity which is or may become indebted to you under a Contract of Sale.

  • Sales Ledger Financing All information given by you must be accurate.


More Definitions of Sales Ledger

Sales Ledger means the fully reconciled sales ledger of the Company (clearly identifying all outstanding Invoices, Credit Notes and Debit Notes in an open item format with all cash and other credit terms allocated to the appropriate Invoices) in the form annexed at Annexe 1.
View Source

Related to Sales Ledger

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;