C Teleport knowledge base
English
Go to website
Back
Articles on:
Accounting
About invoicing, recoinciliation, payments and other.
C Teleport uses FIFO method for payments
If your company is paying C Teleport with an invoice, we are using standard rules for processing payments. C Teleport invoicing/billing system is completely automated and humanless. Therefore the system ignores how a paying company suggest to allocate the payment. Instead, according to the Usage Agreement, it automatically covers the old invoices first. It does not affect the result No matter what method of accounting your company uses,
Few readers
Why a cancelled flight is invoiced?
Once the flight is booked, C Teleport pays the airline the value of the ticket. Unless the ticket is refunded by the airline, C Teleport cannot credit the amount of the flight. Here how it works Cancellation and refund procedure When the flight is cancelled it also has to be refunded by the airline. Then it is refunded to you. C Teleport refunding system is automated and most flights are refu
Few readers
No need to send the breakdown of payments
C Teleport uses the FIFO (first in, first out) method to account payments. It means every payment first covers the oldest invoice. It is done automatically. C Teleport ignores breakdown of payments If you send the breakdown of payments, where you show how the payment covers the invoices it will be ignored by C Teleport. The payment will still be attributed to the oldest invoices first.
Few readers
Reconciliation - checking your statement of account
In order to increase efficiency of checking payments we have developed an easy and universal account checking procedure. Please follow the following checking procedure: Step 1. Check if you have all invoices Make sure, you have all of them. If you don’t have one or more invoices, please email us. We will send you the missing invoices ASAP. Step 2. Check if we have all payments Make sure that C Telep
Few readers