Outrageously Funny Search Suggestion Engine :: Precommuning

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What is the definition of Precommuning? 🙋

👉 In accounting, "precommuning" refers to a process or action where an entity (usually a company) makes a payment before it has actually received the goods or services promised. This can be used for various purposes such as ensuring that the goods are delivered on time and in good condition, or facilitating a contract between two parties. In accounting terms, precommuning is typically done through a credit or debit entry in the ledger, indicating that the payment was made before the goods or services were actually


precommuning

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