90% payment against PI balance and 10% against SRN. in this statement what is

90% payment against PI balance and 10% against SRN. in this
statement what is PI & SRN.

Question Posted / m. kumar

3 Answers
27340 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

90% payment against PI balance and 10% against SRN. in this statement what is PI & SRN...

Answer / rajesh verma

It question basically depend upon the payment terms of the
company. 90% payment against PI means Proforma Invoice, that
means completed payment structure like bills sent to
purchaser from seller than base of this Proforma, purchaser
make ready the payment and when finished good reached the
destination than seller person give the PI chq to related
courier/cargo agent of seller, they return to seller.
SRN means when purchaser accepted the good after inspection
than he will release the balance 10% payment, if goods is as
per their specification.

Is This Answer Correct ?

12 Yes

0 No

90% payment against PI balance and 10% against SRN. in this statement what is PI & SRN...

Answer / alok sahram

PI means Performa Invoice.

Is This Answer Correct ?

12 Yes

3 No

90% payment against PI balance and 10% against SRN. in this statement what is PI & SRN...

Answer / karthik.punna

pi menss parsnal investment srn menss sales in retarn

Is This Answer Correct ?

8 Yes

9 No

Post New Answer

More Marketing Sales Interview Questions

where you want to see yourself after 5 year?

5 Answers Godrej, GSK GlaxoSmithKline, LG, Yellow Pages,

what is marketing mayophia?

1 Answers Pepsi,

Why we use Logrithm sclae in BCG matrix along X-Axis?

3 Answers Hindustan Unilever Limited, LG Soft,

What are your goals and long term objectives in life?

0 Answers

why you vahe taken Marketing with Finance specialization?

5 Answers Hindustan Unilever Limited, Karvy,

What is Space Selling?

1 Answers InfoMedia,

what you have learn from your MBA?

6 Answers FMCG, Pepsi,

i m an MBA / B.Tech (ECE) and would like to go for IT or Software or Electronics Industry .Having 2 years of experience in Telecom industry in RF as Sales & Technical Support Engg, what can be the questions that can be asked during interview.

0 Answers Accenture,

what is schemes in FMCG?how frequently companies will give the schemes?why companies announce these schemes?what is primary and secondary schemes?

0 Answers

tell me what is the job profile

2 Answers

Why do you think you qualify for a human resource executive's/manager' position?

0 Answers

what is primary and secondary sales

5 Answers Pepsi,

For more Marketing Sales Interview Questions Click Here