That whom the question what such notification, it will be useful to learn that it represents the written official notice interests. In this notice it is reported about changes which happened in mutual calculations. It can be specified also that there were changes in sending products, goods, transfer of payments and so on. The notification is forwarded by one contractor to another.
Also notifications apply to intraeconomic calculations between separate divisions of one enterprise at which the finance is available.
As for transfer and reception of financial statements and wastes between the central office and the isolated office, in this situation of the notification are made out separately.
Credit notification
The credit notification is used in banking practice. With its help the client receives the notice that credit operation was executed. Thus, banking institutions manage to inform the clients on carrying out a certain operation. There are special forms on which notifications are made out. Specify number, date of an extract, the nature of the made operation, the sum, the account of the notification in them, also specify the name of the enterprise sender and enterprise recipient with their addresses.
When the international credit operations are carried out, use such form as debit notification – the foreign trade organization delivers to the authorized bank a certain message.
Credit notification
The credit notification is the trade document which is created according to the claim of the client. By means of the credit notification it is possible to reduce receivables in accounting. Such notifications create in connection with different circumstances. For example, if low-quality goods were delivered or if inflated price was exposed to the client.