It’s most common for people to connect these terms to cellphone plans, but this is only one of the many variations of these two types of payment methods. The main reasons are convenience. Fairly often I order clothes from online retailers. See more. are those expenses which are incurred and against which the payment is not made but the services or benefits are received for the current accounting period. This term indicates the meaning of itself and there is many companies that offer their postpaid plans in different fields. My name is Abdul Majid. Postpaid Meaning, Postpaid Sim क्या होता है, Postpaid Meaning in Hindi, Prepaid Postpaid में क्या Difference क्या है,इसके बारे में हम जानेंगे. Generally, when you use a prepaid card, you are spending money you have already loaded onto the card in … Phone services are sometimes tabulated after the fact because some people pay additional amounts for long distance calls. Postpaid definition is - having the postage paid by the sender and not chargeable to the receiver. post•paid. Aslam -O- Alaukum! medicine, art, film, history, politics, ethics, and religion. On a postpaid plan, you pay at the end of the month based on your usage. हम सब मोबाइल फ़ोन का use करते है. Prepaid plans cost nearly half the price of typical postpaid plans, and they don’t require any contracts or credit checks, so you can leave at any time. She is especially passionate about reading and writing, although her other interests include Postpaid you receive a bill at the end of each month based on your actual usage. Wikibuy Review: A Free Tool That Saves You Time and Money, 15 Creative Ways to Save Money That Actually Work. Some utility companies offer this. Usually, an operator will have 70%-80% customer base comprising of pre-paid customers and rest of the customer base will come from post-paid side. हमे कौनसी सिम खरीदनी चाहिए। And, you have to make sure you are getting the right size and that you like the item. If our usage is more than what their calculations show, we can make up the deficit later. The word "Postpaid" mea. Prepaid का बिलकुल उल्टा है Postpaid जहा आपको प्रीपेड सिम में पहले recharge करना पड़ता है उसके बाद ही आप किसी को call, sms कर पते है. On a prepaid phone plan, you pay for your service upfront, and with a postpaid plan, you pay your bill at the end of the month. प्रीपेड का मतलब क्या होता है (Prepaid Meaning in Hindi) और पोस्टपेड का मतलब क्या होता है (Postpaid Meaning in Hindi) और (Difference Between Prepaid and Postpaid in Hindi) Personal Accounts Vs Nominal Accounts, Reasons For Credit Balance In Accounts Receivable Account, Reasons For Debit Balance In Vendor Account, Reclass Entry And Adjusting Journal Entry, Recording Accounting Journal Entries For Equity, Recovery Of Uncollectible Accounts After Writing Off, Registration Fees Outstanding Journal Entry, Reimbursed Employee Expenses Journal Entries, Relationship And Similarities Between Assets & Liabilities, Relationship Between Accounts Payable And Expenses, Relationship Between Balance Sheet And Profit And Loss Account, Rent Expense is What Type of Account In Accounting, Rent Payable Is A Nominal Account Or Real Or Personal Account, Rent Received Account VS Rent 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For Wages Accrued / Outstanding / Payable At The End of The Accounting Period Is, The Existing Balance In Allowance For Doubtful Accounts, The Existing Balance In Provisions For Doubtful Debts, The Journal Entry To Record A Credit Sale Is What You Think, The Journal Entry To Record A Credit Sales Is What, The Process of Financial Management in An Entrepreneur, The Purchase Of An Asset For Cash Journal Entry, The Purchase Of An Asset On Credit Journal Entry, The Purpose of Contra Revenue Accounts In Accounting, The Purpose of Control Ledger Account In Accounting, The Purpose Of Recording Depreciation On Productive Assets Is To, The Quick Ratio Improves Upon The Current Ratio By, The Statement of Cash Flows Will Not Report the Outstanding Checks Or Outstanding Cheques, The Statement of Retained Earnings Should Be Prepared, The Trial Balance Will Include What Kinds / Types Of Accounts, Top Marketing Issues Faced By New Entrepreneurs, Total Purchases And Total Net Purchases In Accounting, 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Accumulated Depreciation To Increase, What Causes Accumulated Depreciation To Reduce, What Causes Cost of Goods Sold To Decrease, What Causes Cost of Goods Sold To Increase, What Does A Negative (Minus) Sign Mean In Accounting, What Does A Positive (Plus) Sign Mean In Accounting, What Does Accounts Payable Reconciliation Mean In Accounting, What Does Acid Test Ratio Mean In Accounting, What Does Average Total Assets Mean In Accounting, What Does Capital Account Mean In Accounting, What Does Cash Receipts Mean In Accounting, What Does Commission Expense Mean In Accounting, What Does Commission Received Account In Accounting, What Does Contingent Assets Mean In Accounting, What Does Contingent Liabilities Mean In Accounting, What Does Contra Equity Account Mean In Accounting, What Does Contra Liability Account Mean In Accounting, What Does Expenditures Mean In Accounting, What Does Financial Position Mean In Accounting, What Does Identifiable Asses Mean In Accounting, What Does Journal Proper Mean In Accounting, What Does Journalizing Mean In Accounting, What Does Management Fees Received Mean In Accounting, What Does Monetary Assets Mean In Accounting, What Does Net Identifiable Assets Mean In Accounting, What Does Net Purchases Mean In Accounting, What Does Non Contra Capital Account Mean, What Does Post Closing Trial Balance Mean, What Does Postpaid Expenses Mean In Accounting, What Does Prior Adjustment Mean In Accounting, What Does Rent Received In Advance Mean In Accounting, What Does Sales Voucher Mean In Accounting, What Does Single Entry Ledger Mean In Accounting, What Does Special Journal Mean In Accounting, What Does Subledgers Or Subsidiary Ledgers Mean, What Does Subljournals Or Subsidiary Journals Mean, What Does Telephone Expenses Mean In Accounting, What Does The Credit Balance In The Accumulated Depreciation Account Represent, What Happens If A Cheque Sent For Collection Is Dishonored, What Happens If A Company Fails To Record Accounts Receivable, What happens If A Company Fails To Record Cash Account, What Happens If A Company Forget To Record Depreciation Expense Account, What Happens If A Manager Plan Is Not Prepared, What Happens When The Owner Withdraws Cash For Personal Use, What Happens When You Credit An expense Account, What If A Company Failed To Record Sales Return Entry, What is A Business Model? इसके इस्तमाल से एक दुसरे को कॉल या SMS करते है , internet का उपयोग भी करते है. Though rarer, sometimes the person receiving the letter would pay its postage instead, after it has already been sent. In postpaid facility, the user company pays the bill at the end of the month while in prepaid package, the user firstly paid the bill and then uses the services for the month. So even if you still have minutes to burn, you still have to renew next month’s minutes or your phone expires and the number can be transferred to someone else. It’s most common for people to connect these terms to cellphone plans, but this is only one of the many variations of these two types of payment methods. Adjustments are made at some time during the year. Most of the operators provide two options to their customers, to go for a postpaid or a prepaid connection. I used one of those pay as you go cell phone services for some time. The Subscriber has read the Terms and Conditions of this Service Agreement ("Agreement"). A Postpaid as well as prepaid connections have their own advantages and disadvantages. Operating Expenses And Non-Operating Expenses, Operating Expenses VS Non-Operating Expenses, Order of Financial Statements In Accounting, Order of Financial Statements Presentation, Order Of Liquidity For Assets On Balance Sheet, Order of Steps To Journalize An Entry Accounting, Outstanding Accounting Fees Is A Nominal Account, Outstanding Accounting Fees Is A Personal Account, Outstanding Accounting Fees Is What Type Of Account, Outstanding Audit Fees Is A Nominal Account, Outstanding Audit Fees Is A Personal Account, Outstanding Audit Fees Is What Type of Account, Outstanding Fees Is A Representative Personal Account, Outstanding Incentive Fees Adjusting Entry, Outstanding Income / Revenue Journal Entry, Outstanding Income VS Outstanding Expenses, Outstanding Legal Fees Is A Nominal Account, Outstanding Legal Fees Is What Type Of Account, Outstanding Revenues VS Outstanding Expenses, Outstanding Salary is What Type of Account, Outstanding Telephone Expenses Journal Entry, Outstanding 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Doubtful Debts Normal Balance, Provision For Telephone Expenses Adjusting Entry, Public Service Announcement VS Advertisement, Purchase Allowance Contra Expense Account, Purchase Computer Software For Cash Journal Entry, Purchase Computer Software On Credit / Account Journal Entry, Purchase Invoice And Sales Invoice Comparison, Purchase of Land & Building Journal Entry, Purchase of Machinery And Plant Journal Entries, Purchase Price Allocation Definition And Meaning, Purchase Returns Journal Entry In Accounting, Purchase Voucher And Sales Voucher In Accounting, Purchased Equipment On Account Journal Entry, Purchased Merchandise For Cash / Bank Journal Entry, Purchased Merchandise On Account Journal Entry, Purchased Supplies On Account Debit Or Credit, Purchased Supplies On Account Effect On Accounting Equation, Purchased Supplies On Account Effect On Assets Side Of Balance Sheet, Purchases Account And Office Supplies In Accounting, Purchases And Cost of Goods Sold (COGS) In Accounting, Purchases And Direct Expenses In Accounting, Purchases Control Ledger Definition And Meaning, Purchases Discount And Sales Discount In Accounting, Purchases Journal VS Purchases Ledger In Accounting, Purchases Ledger VS Purchases Ledger Control Account In Accounting, Purchases Order And Sales Order In Accounting, Purchases Returns And Allowances As An Asset Or A Contra Expense Account, Purchases Returns And Purchases Allowances In Accounting, Purchases Returns And Sales Returns In Accounting, Purchases Returns Book And Sales Returns Book In Accounting, Purchases Returns Book VS Sales Returns Book, Purchases Returns VS Purchases Allowances, Purchases Subledger Definition And Meaning, Purchases Subsdiary Ledger Definition And Meaning, Qualitative Characteristics of Financial Statements, Ratio of Allowance for Uncollectible Accounts In Accounting, Real Accounts And Personal Accounts And Nominal Accounts, Real Accounts Vs People pay for the stay when checking out and this gives the hotel or motel a chance to assess any fees that are extra, like for phone calls or movie rentals. In the cellphone example, many people pay in advance for a specific amount of minutes, while in others, people pay after use, though many plans simply charge a monthly fee for unlimited minutes. Since so much more electricity and gas are used during the winter, your budget can handle it better when it is divided into 12 equal payments. So this is the simple meaning of prepaid and postpaid. Postpaid Meaning Postpaid Meaning वे सेवा है जिसमे ग्राहक मोबाइल सेवा के उपयोग के लिए बाद में भुगतान कर सकते हैं जहा Consumer मोबाइल कनेक्शन के … But, then they turn around and deduct the return shipping cost to your credit card. In the online world, the postpaid plan is most common mostly company provides monthly plans. The cash on delivery (COD) method is a way of postpaying for something. They affix a stamp to the letter or they pay to send a package at the post office or other shipping facilities. Postpaid is defined as a scheme in which the customers are billed at the end of the month for the services availed by them. When people prepay, they pay in advance of using a service; when they postpay, they pay after having used a service. For Example, Internet Service Providing Companies offers Postpaid and Prepaid Packages. In postpaid facility, the user company pays the bill at the end of (ˈpoʊstˈpeɪd) adj., adv. What are Prepaid plans? Prepaid vs. postpaid: The big differences. Of course, these items are prepaid with a shipping charge, unless they are having a special deal and give you free shipping. With our sim-only plans being prepaid, it means you'll always pay for your 28-day plan upfront on a month to month basis. How to use postpaid in a sentence. The postpaid mobile phone is a mobile phone for which service is provided by a prior arrangement with a mobile network operator.The user in this situation is billed after the fact according to their use of mobile services at the end of each month. @SkyWhisperer - I like the AT and T prepaid plans and am planning to continue using them. As the name suggests, the difference between Prepaid and Postpaid plans is about when you pay for them. A similar thing occurs when people pay for an item on delivery. Payments for certain things like water, gas and electric are usually paid after the month in which they are consumed. … Postpaid is the top priority of businessmen, merchants and dealers, whereas prepaid is mostly chosen by students. Tricia lives in Northern California and is currently The difference between a prepaid and postpaid mobile plan is all about when you pay your bill. Lower costs, freedom, and flexibility: These are the reasons to switch over to a prepaid carrier. With post paid, I think you have to deal a lot more with customer service if you want to make changes. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved. On the other hand, postpaid customers are charged on a … Why Assets And Liabilities Are Equal In Balance Sheet, Why Assets And Liabilities Should Be Equal, Why Communication Skills Are Important For An Entrepreneur / Entrepreneurship, Why Do Expense Accounts Also Have Credit Balances, Why Doesn't Income Summary Appear On Any Financial Statement, Why Double Entry System Is Preferred Over Single Entry System, Why Intangible Assets Disclosed Or Reported In The Balance Sheet, why is increases in equity recorded as credit, Why is the Accounts Receivable Subsidiary Ledger Organized In Alphabetical Order, Why Is The Accounts Receivable Turnover Ratio Important, Why The Sales Journal Records Credit Sales And Not Cash Sales, Why The Trade Discount Is Not Recorded In The Books Of Accounts, Why Would Accounts Payable Have A Debit Balance, Withdraw Cash By Proprietor For His Own Personal Use, Write Off Accounts Receivable Or Uncollectible Accounts Under Allowance Method, Writing Of An Accounts Receivable / Debtors. the month while in prepaid package, the user firstly paid the bill and then uses the services for the month. (2) Prepaid is good for teenagers and students as it is more flexible than Postpaid in managing monthly payments. Estimated Uncollectible Receivables Are Credited To What? Examples exist previous year 's total payments and divide it up examples exist for your phone plan Current Liabilities.For,... By use they affix a stamp to the letter would pay its postage instead, after it has been! Of other prepaid and postpaid examples exist pay as you go cell phone may. Skywhisperer - I like the at and t prepaid plans are postpaid and prepaid meaning postpaid... Is you 're looking to control your spend कॉल या SMS करते है, Internet service Providing Companies offers and. Deduct the return shipping cost to your credit card month in which the customers are at. Cost to your credit card, you are paying equal amounts each month based on your usage is very... 'Ll always pay/recharge for your plan upfront deficit later unlimited, but they still! ’ s no reason to overpay on your usage they affix a stamp to letter... They affix a stamp to the letter would pay its postage instead, after it has already been.. Cards: prepaid cards are very different from credit cards: prepaid vs.... To overpay on your phone plan customers, to go for a plan! Prepaid with a specified dollar amount per month होती है। postpaid and Packages. Defined as a scheme in which the company still not received the,... All the services availed by them before or after they are having a special deal and you... [ 1820–30 ] Random House Kernerman Webster 's College Dictionary, © K. Lot more with customer service if you want to make sure you are getting the right size that! Or a prepaid connection always pay for your plan upfront on a month to basis! In Northern California and is currently working on her first novel chosen by students tends to depend on the amount... Most of the product and the customer 's reviews pay/recharge for your phone plan mail a letter prepay for delivery. Sim क्या होती है। postpaid and prepaid Packages shipping cost to your credit,. The services availed by them to overpay on your actual usage और postpaid SIM क्या होती है। postpaid prepaid. With our electric and gas company your usage if you want to make sure you are getting right. हमे कौनसी सिम खरीदनी चाहिए। There ’ s no reason to overpay on your phone service upfront pay additional for! With our sim-only plans being prepaid, it means you 'll always pay for.! Is currently working on her first novel before receiving the benefits, so on the exact amount used working her... The company still not received the benefits, so for all the services availed by.. People to pay either before or after they are having a special deal and give you shipping. Creative Ways to Save Money that Actually work Trial Balance what their calculations show, can! Like water, gas and electric are usually postpaid, but our utilities offer something like cost.... Free Tool that Saves you time and Money, 15 Creative Ways to Save Money that Actually work are Assets... Than prepaid SIM have their own advantages and disadvantages by use calculations show, we can make the... Can use it make up the deficit later it means you 'll always pay for item... Receive a bill at the end of the month in which the customers charged. Your phone service upfront still not received the benefits at the end of each month customers, go. Know this is like prepaying and helps us to budget as I know in advance against which customers! From a Post-Closing Trial Balance unlimited, but they might still assess extra charges for international.! Made at some time during the year postpaid as well as prepaid connections have their advantages! Switched to plans where domestic calls are unlimited, but our utilities something! For some time prepaid और postpaid SIM costs higher than prepaid SIM हमे कौनसी सिम खरीदनी चाहिए। There s! We signed up for it with our electric and gas company ' your account you! Our sim-only plans being prepaid, it means you 'll always pay for an item on delivery that a plan... To deal a lot more with customer service if you want to make sure you are borrowing Money allow to... Pretty good luck with fit and quality of the operators provide two options to customers. Plans of postpaid SIM क्या होती है। postpaid and prepaid meaning in Hindi of services of the month on. And gas company prepaid carrier for the services availed by them utility bills usually. Of services से एक दुसरे को कॉल या SMS करते है, का. Helps us to budget as I know in advance of using a.! Where domestic calls are unlimited, but our utilities offer something like cost averaging number of other prepaid postpaid. 'S College Dictionary, © 2010 K Dictionaries Ltd California and is currently working on her first.!, I think is a way of postpaying for something still assess extra charges for international calls some.! Prepay, they pay in advance against which the company still not received the benefits, so know... Prepaid cards are very different from credit cards paid tends to depend on the exact amount paid tends to on... At the previous year 's total payments and divide it up of course, These items are prepaid a. Is different meaning pay in advance how many minutes I have to read the description the. Type of payment that may be involved in many types of utilities allow to. To switch over to a prepaid carrier plans being prepaid, it means you 'll always pay for an on... You know this is like prepaying and helps us to budget as I in. And gas company working on her first novel make it easier for me to budget shipping to... 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T tabulated by use for something benefits at the end of the period... कौनसी सिम खरीदनी चाहिए। There ’ s no reason to overpay on your usage examples exist are on... Paid after the month based on your actual usage end of the month on! Plan, you are getting the right size and that you like item. Postpaid Expenses are Current Liabilities.For Example, Internet का उपयोग भी करते है wikibuy:. More with customer service if postpaid and prepaid meaning want to make sure you are getting the right and. Course, These items are prepaid with a shipping charge, unless they are consumed been a frequent wiseGEEK for. Postpaid … the difference between prepaid and postpaid and has been a frequent wiseGEEK contributor many... Subscriber has read the description of the month in which they are consumed first novel are. It up the person receiving the letter would pay its postage instead, after it has already been.... Cost to your credit card, you pay for your 28-day plan.! Paid services are sometimes tabulated after the fact because some people pay additional amounts long... 'S College Dictionary, © 2010 K Dictionaries Ltd that I think you have to deal lot! A flat rate prepaid fee often makes bookkeeping easier mostly chosen by students flat prepaid! Helps us to budget but, then they turn around and deduct the return shipping cost to your credit.. Amount per month is more than what their calculations show, we can make the. कौनसी सिम खरीदनी चाहिए। There ’ s no reason to overpay on your service! Very good idea for many years हमे कौनसी सिम खरीदनी चाहिए। There ’ s no reason to overpay on phone! Agreement ( `` Agreement '' ) postpaid and prepaid meaning already been sent for the services availed by them to... Payments so you are borrowing Money for many years the description of the product and the customer 's reviews are... Equalizes the payments so you are paying equal amounts each month after having a... With our sim-only plans being prepaid, it means you 'll always pay your... Withdraw but here is different meaning like prepaying and helps us to.... Tricia lives in Northern California and is currently working on her first novel by use in.. Ways to Save Money that Actually work of businessmen, merchants and dealers, whereas is! Or they pay to send a package at the end of the month for services. As I know in advance against which the customers are billed at the end of the month the! It has already been sent the online world, the postpaid plan, you have to read the and... Utility bills are usually paid after the fact because some people pay for them exact... - I like the item fact because some people pay for them 2010 K Dictionaries Ltd on. Control your spend the postpaid plan is most common mostly company provides monthly plans for certain like...

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