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Self-Billing
An accounting procedure where the recipient of the service (marketplace) issues a credit memo to the supplier (merchant) for goods sold, rather than the supplier sending an invoice to the marketplace.
Real-World Example for SURS Customers
Galaxus uses a self-billing system. At the end of the month, Galaxus generates a credit memo for all of a merchant's sold products, less commissions. SURS helps to properly account for these credit memos and reconcile them with the merchant's own sales data.
Related Terms
Surs AG - Warehouse
Alte Buchserstrasse 10
8108 Dällikon
Switzerland
Surs AG - Billing
Alte Buchserstrasse 8
8108 Dällikon
Switzerland
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