Ad Sales Unit 10 - Billing and money

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7 Terms

1
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Adjustment

A financial modification to a billed amount: credit, discount, fee, tax

2
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Affidavit

Formal attestation that spots aired as scheduled

3
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Credit memo

Document adjusting a previously issued invoice downward

4
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ERP

The enterprise financial system holding invoices and receivables

5
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Proof of performance

Evidence that advertising actually ran

6
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Subledger

The detailed billing record supporting the general ledger

7
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True-up

A later adjustment reconciling preliminary billing to final settlement