Post by asadul8555 on Feb 25, 2024 4:24:59 GMT -5
The billing portfolio is a service available at banks so that all invoices generated in your company are directly linked to the banking institution. Therefore, the bank is responsible for monitoring payments and monitoring any changes, such as payment date, delay, etc. Still, there are many doubts about the subject: what is the difference between bank collection and wallet collection? What are the types of collection portfolio? And what payment methods exist? Don’t worry, we explain everything you need to know about the subject! What is a collection portfolio? It's nothing more than a way to optimize your company's billing processes. Currently, there is only a registered collection card , and you need to contract the service at the banking institution of your choice. Through the billing portfolio service, you issue a bill to the customer and the bank is informed of the existence of this bill. This way, any change to the document goes through the bank and you don't even have to worry about it. What is the difference between bank collection and wallet collection? Wallet collection is one of the modalities included in bank collection.
In other words, bank charges are all charges that go through the bank's system at the time of payment and are your responsibility. In addition to billing, there are other possible methods mediated by the banking institution that can help control your company's finances. Just look! Billing methods in addition to the billing portfolio 1. Simple billing It basically consists of generating a simple billing slip that can be sent directly to the customer. In this case, the bank is responsible for collecting and transferring the credit to the Asia Phone Number List company. 2. Quick or direct billing This is the best modality for companies with a large flow of charges to be generated. Using billing software , usually provided by the bank, the company generates invoices and sends them to customers quickly. The advantage is that the company has the autonomy to generate charges and can do so instantly, being a great benefit for companies that generate a large flow of invoices. 3. Indexed billing It is a charge that does not have a fixed value, as the value is variable, as in the case of currency exchange or fluctuations in the exchange rate on the day the invoice is closed in the case of an international purchase. 4. Linked billing To ensure that the company receives the amount instantly, the banking institution offers the money as credit to the company.
This loan occurs in two ways: • Guaranteed The company provides bank securities as collateral to the bank and, when the bill is paid by the customer, the collateral can be replaced or the amount borrowed can be written off. • Discounted The bank becomes the creditor of the debt, linked, in this modality, to a discount operation. However, in the event of customer default, the company is responsible for paying interest to the bank. Types of collection portfolio In 2016, the Brazilian Federation of Banks - Febraban - decreed the end of the unregistered collection card - via simple boleto , as the registered collection card guarantees greater security for companies, as the bank is the intermediary throughout the process . While in unregistered billing, the banking institution was aware of the transaction only at the time of payment. All of the above charging modalities are advantages to be chosen from the registered charging portfolio, which is the only one currently available. With the end of the unregistered collection portfolio, banks opted for the registered service, as the registration of bills is essential to avoid fraud. This type of collection portfolio requires companies to register invoices and send remittances to banks, which in turn are responsible for identifying payments and redirecting credit to the account linked to the collection portfolio in question.
In other words, bank charges are all charges that go through the bank's system at the time of payment and are your responsibility. In addition to billing, there are other possible methods mediated by the banking institution that can help control your company's finances. Just look! Billing methods in addition to the billing portfolio 1. Simple billing It basically consists of generating a simple billing slip that can be sent directly to the customer. In this case, the bank is responsible for collecting and transferring the credit to the Asia Phone Number List company. 2. Quick or direct billing This is the best modality for companies with a large flow of charges to be generated. Using billing software , usually provided by the bank, the company generates invoices and sends them to customers quickly. The advantage is that the company has the autonomy to generate charges and can do so instantly, being a great benefit for companies that generate a large flow of invoices. 3. Indexed billing It is a charge that does not have a fixed value, as the value is variable, as in the case of currency exchange or fluctuations in the exchange rate on the day the invoice is closed in the case of an international purchase. 4. Linked billing To ensure that the company receives the amount instantly, the banking institution offers the money as credit to the company.
This loan occurs in two ways: • Guaranteed The company provides bank securities as collateral to the bank and, when the bill is paid by the customer, the collateral can be replaced or the amount borrowed can be written off. • Discounted The bank becomes the creditor of the debt, linked, in this modality, to a discount operation. However, in the event of customer default, the company is responsible for paying interest to the bank. Types of collection portfolio In 2016, the Brazilian Federation of Banks - Febraban - decreed the end of the unregistered collection card - via simple boleto , as the registered collection card guarantees greater security for companies, as the bank is the intermediary throughout the process . While in unregistered billing, the banking institution was aware of the transaction only at the time of payment. All of the above charging modalities are advantages to be chosen from the registered charging portfolio, which is the only one currently available. With the end of the unregistered collection portfolio, banks opted for the registered service, as the registration of bills is essential to avoid fraud. This type of collection portfolio requires companies to register invoices and send remittances to banks, which in turn are responsible for identifying payments and redirecting credit to the account linked to the collection portfolio in question.