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Meaning of "remittance advice" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF REMITTANCE ADVICE

remittance advice  [rɪˈmɪtəns ədˈvaɪs] play
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GRAMMATICAL CATEGORY OF REMITTANCE ADVICE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Remittance advice is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES REMITTANCE ADVICE MEAN IN ENGLISH?

Remittance advice

A remittance advice is a letter sent by a customer to a supplier, to inform the supplier that their invoice has been paid. If the customer is paying by cheque, the remittance advice often accompanies the cheque. The advice may consist of a literal letter (e.g., "Gentlemen: Your shipment of the 10th inst was received in good order; accompanying is our remittance of $52.47 per invoice No 83046") or of a voucher attached to the side or top of the cheque. Remittance advices are not mandatory, however they are seen as a courtesy because they help the accounts-receivable department to match invoices with payments. The remittance advice should therefore specify the invoice number(s) for which payment is tendered. In countries where cheques are still used, most companies' invoices are designed so that customers return a portion of the invoice, called a remittance advice, with their payment.

Definition of remittance advice in the English dictionary

The definition of remittance advice in the dictionary is a letter sent by a customer to a supplier, to let them know that their invoice has been paid.

WORDS THAT RHYME WITH REMITTANCE ADVICE


advice
ədˈvaɪs
device
dɪˈvaɪs
dice
daɪs
edelweiss
ˈeɪdəlˌvaɪs
ice
aɪs
merchandise
ˈmɜːtʃənˌdaɪs
mice
maɪs
misadvice
ˌmɪsədˈvaɪs
nice
naɪs
paradise
ˈpærəˌdaɪs
precise
prɪˈsaɪs
price
praɪs
rice
raɪs
sacrifice
ˈsækrɪˌfaɪs
Semmelweis
ˈsɛməlˌvaɪs
slice
slaɪs
spice
spaɪs
twice
twaɪs
vice
vaɪs
vise
vaɪs

WORDS THAT BEGIN LIKE REMITTANCE ADVICE

remissively
remissly
remissness
remissory
remit
remitment
remittable
remittal
remittance
remittance man
remittance men
remitted
remittee
remittence
remittency
remittent
remittently
remitter
remitting
remittor

WORDS THAT END LIKE REMITTANCE ADVICE

central locking device
community service
customer service
dating service
expert advice
express delivery service
health service
in-service
input/output device
letter of advice
military service
news service
novice
pizza delivery service
professional advice
public service
refuse disposal service
room service
self-service
service

Synonyms and antonyms of remittance advice in the English dictionary of synonyms

SYNONYMS

Translation of «remittance advice» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF REMITTANCE ADVICE

Find out the translation of remittance advice to 25 languages with our English multilingual translator.
The translations of remittance advice from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «remittance advice» in English.

Translator English - Chinese

汇款通知
1,325 millions of speakers

Translator English - Spanish

aviso de pago
570 millions of speakers

English

remittance advice
510 millions of speakers

Translator English - Hindi

प्रेषण सलाह
380 millions of speakers
ar

Translator English - Arabic

المشورة التحويلات
280 millions of speakers

Translator English - Russian

извещение о переводе
278 millions of speakers

Translator English - Portuguese

aviso de remessa
270 millions of speakers

Translator English - Bengali

রেমিট্যান্স পরামর্শ
260 millions of speakers

Translator English - French

avis de paiement
220 millions of speakers

Translator English - Malay

nasihat pengiriman wang
190 millions of speakers

Translator English - German

Überweisungsbescheid
180 millions of speakers

Translator English - Japanese

送金通知書
130 millions of speakers

Translator English - Korean

송금 조언
85 millions of speakers

Translator English - Javanese

Saran pengiriman dana
85 millions of speakers
vi

Translator English - Vietnamese

giấy báo chuyển tiền
80 millions of speakers

Translator English - Tamil

பணம் அனுப்பும் ஆலோசனை
75 millions of speakers

Translator English - Marathi

अदायगी सूचना
75 millions of speakers

Translator English - Turkish

Havale tavsiyesi
70 millions of speakers

Translator English - Italian

avvisi di pagamento
65 millions of speakers

Translator English - Polish

przelewu
50 millions of speakers

Translator English - Ukrainian

повідомлення про переведення
40 millions of speakers

Translator English - Romanian

sfaturi de remitențe
30 millions of speakers
el

Translator English - Greek

συμβουλές έμβασμα
15 millions of speakers
af

Translator English - Afrikaans

betalingsadvies
14 millions of speakers
sv

Translator English - Swedish

remissaavin
10 millions of speakers
no

Translator English - Norwegian

remittering råd
5 millions of speakers

Trends of use of remittance advice

TRENDS

TENDENCIES OF USE OF THE TERM «REMITTANCE ADVICE»

The term «remittance advice» is regularly used and occupies the 84.737 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
61
/100
The map shown above gives the frequency of use of the term «remittance advice» in the different countries.
Principal search tendencies and common uses of remittance advice
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «remittance advice».

FREQUENCY OF USE OF THE TERM «REMITTANCE ADVICE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «remittance advice» during the past 500 years. Its implementation is based on analysing how often the term «remittance advice» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about remittance advice

EXAMPLES

10 ENGLISH BOOKS RELATING TO «REMITTANCE ADVICE»

Discover the use of remittance advice in the following bibliographical selection. Books relating to remittance advice and brief extracts from same to provide context of its use in English literature.
1
Intermediate Business
For the time being do not complete the remittance advice forms shown at the bottom of the statement forms. Remittance advice slips Completing remittance advice slips Some organisations issue a remittance advice to the customer so that it ...
Carol Carysforth, Mike Neild, 2000
2
Understanding Health Insurance (Book Only)
After reviewing the remittance advice and posting payments and adjustments, any code changes, denials, and partial payments should be followed up on. The payer may need additional information to make a determination about a claim, and ...
Michelle Green, 2012
3
Understanding Health Insurance: A Guide to Billing and ...
After reviewing the remittance advice and posting payments and adjustments, any code changes, denials, and partial payments should be followed up on. The payer may need additional information to make a determination about a claim, and ...
Michelle Green, 2012
4
Accounting Information Systems
Remittance advice input validity: By sending deposits directly to the lockbox, the likelihood of invalid deposits being recorded is reduced. • Remittance advice input accuracy: Lockbox technology and personnel training and experience should ...
Ulric Gelinas, Richard Dull, Patrick Wheeler, 2014
5
Derivatives
A remittance advice is a letter sent by a customer to a supplier, to inform the supplier that their invoice has been paid. If the customer is paying by cheque, the remittance advice often accompanies the cheque. Remittance advices are not ...
By Wikipedians
6
Auditing: A Business Risk Approach
Exhibit BR.10 Payment Processing Flowchart EDP Accounts Payable Treasurer Disbursement check and remittance advice Disbursement check and remittance advice Disbursement check and remittance advice Receivin g report A Voucher ...
Larry Rittenberg, Karla Johnstone, Audrey Gramling, 2011
7
Accounting: An Introduction to Principles and Practice
Use the remittance advice received from the customer and start from the details of the first tax invoice number and the amount listed. Find the same tax invoice number and amount in the detailed account listing of the Accounts Receivable ...
Edward A. Clarke, 2012
8
Workbook
Objectives At the conclusion of this assignment, the student should be able to: • Explain the purpose of a remittance advice. • Interpret data contained on a remittance advice. Overview Once the claims adjudication process has been finalized, ...
Michelle Green, 2013
9
Understanding Hospital Billing and Coding
The remittance advice includes detailed information about the charges submitted and an explanation of how the claim was processed. The RA may include information regarding several claims. It can be forwarded to the hospital electronically ...
Debra P. Ferenc, 2013
10
The Code of Federal Regulations of the United States of America
The health care payment and remittance advice transaction is the transmission of either of the following for health care: (a) The transmission of any of the following from a health plan to a health care provider's financial institution: il) Payment.
‎2005

10 NEWS ITEMS WHICH INCLUDE THE TERM «REMITTANCE ADVICE»

Find out what the national and international press are talking about and how the term remittance advice is used in the context of the following news items.
1
Using the Healthcare EFT Standard: 4 Ways to Ease the Transition
Compared with other payment methods, providers can save up to $7.21 per payment using EFTs via ACH in combination with electronic remittance advice ... «Health Data Management, Jul 15»
2
$8 Billion Annual Savings Opportunity for U.S. Healthcare With …
About half of all claim payments and remittance advice transactions remain manual. Health plans continued to process about 1 billion transactions manually, ... «PR Newswire, Mar 15»
3
CMS announces national changes to medical coding
3, April 27 – May 1 and July 27-31) allow selected providers and suppliers to submit test claims to CMS with ICD-10 codes and receive a remittance advice ... «State of Reform, Feb 15»
4
ISO 20022 remittance exchange holds promise
The remittance advice message, or remt.001, can carry complete remittance details ... of electronic payments with electronic remittance advice from a third party. «Finextra, Sep 14»
5
Physicians Losing Money by Not Using Electronic Transactions
The combined potential savings from increased electronic claim submission, claim payment, claim inquiry, and remittance advice totals $1.7 billion. «Medscape, Aug 14»
6
How electronic transactions could save healthcare $8B: 6 areas of …
Claim remittance advice, and receiving and posting payments. Just over half (53 percent) of remittance advice documents processed by the health plans studied ... «Becker's Hospital Review, Aug 14»
7
Medicare bad debt: courts again uphold HHS's stringent "must bill …
... prior to submitting any dual eligible bad debt claims to HHS, all providers must first bill the applicable state Medicaid program and obtain a remittance advice ... «Lexology, May 14»
8
NACHA's Gov Relations Highlights Electronic Payments and ACH …
This complements and supports the healthcare electronic funds transfer (EFT) and electronic remittance advice (ERA) standards designated by the Department ... «PYMNTS.com, May 14»
9
Preparing for the New PPACA Electronic Payments Environment …
Electronic remittance advice (ERA) accounted for just slightly more than one-third of total remittances. Lack of universal operating rules to establish industry-wide ... «Becker's Hospital Review, Jan 14»
10
HealthcarePays and OneMind Health Finalize Agreement to Deliver …
... MDE) to provide electronic remittance advice (ERA) and Electronic Funds Transfer (EFT) reconciliations to dental offices on behalf of dental insurance carriers. «PR Newswire, Dec 13»

REFERENCE
« EDUCALINGO. Remittance advice [online]. Available <https://educalingo.com/en/dic-en/remittance-advice>. May 2024 ».
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