Glossary entry

Spanish term or phrase:

se facturará al contado

English translation:

an invoice will be issued for immediate settlement

Added to glossary by peterinmadrid
Dec 27, 2010 00:47
13 yrs ago
29 viewers *
Spanish term

se facturará al contado

Spanish to English Bus/Financial Accounting invoicing procedures (Spain)
Cada mes el cliente debe pagar una cuota (fijada en contrato) por el alquiler de la torre y otra para el mantenimiento. Para ello es necesario que cada mes se efectúe la correspondiente factura de alquiler y mantenimiento al cliente, donde el valor a facturar sean las cuotas respectivas. Esta factura debe emitirse el día xx de cada mes y si éste cayera en día festivo se llevará a cabo el siguiente día hábil. Se facturará al contado y el pago será por recibo domiciliado.

Proposed translations

8 hrs
Selected

an invoice will be issued for immediate settlement

While it is true that we tend to see a division between payment "al contado" and "por transferencia bancaria" as being cash vs bank transfer, in this context this is clearly not the case here, since payment is to be made by direct debit.

"Failure to meet payment dates on any single invoice will result in all outstanding invoices being due for immediate settlement" www.hillstone.co.uk/download/hptermsST10-50.pdf

"we will notify our clients and issue an invoice for immediate settlement" www.playnecreative.co.uk/tools/terms.html
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4 KudoZ points awarded for this answer. Comment: "Thank you, aceavila."
1 hr

the full invoice amount shall be payable in cash

Otra alternativa.
Peer comment(s):

neutral María Eugenia Wachtendorff : Tu respuesta es la correcta, Claudia :)
2 hrs
Gracias, Maria Eugenia! Felices fiestas!
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8 hrs

payment/amount will be due immediately upon presentation of request for payment

In the case of rent payments, in Spain the payment is almost always automatically deducted from an account by direct debit. The"invoice", whenever it arrives, is more a legal record than a demand for payment, which is already effected through the presentation of the request for the authorized direct debit payment. Direct Debit. 3. You shall authorise your bankers in the form of a direct debit instruction provided by us to pay upon presentation all requests for payment of ... If you fail to pay any Rental or other payment on the due date, ... the Minimum Period of Hire would otherwise have expired to reflect earlier receipt. ...
www.vanleasing.com/terms&conditions.html - En caché - Similares; and the full amount shown in the statement, to be due to the Bank, ... The Customer irrevocably authorises the Customer's bankers to pay upon presentation all requests for payment of a direct debit initiated by the Bank in respect of any sum due .... upon request (cut in half vertically through the Chip) and may be ...
www.bankofireland.com/.../pdfs/.../commercial_cards_terms_c...
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