What steps would you take before approving an invoice for payment?

Ans) Following steps should be taken..

? Certify the invoice once it is matched for checking any holds..

? If workflow is executed, initiate approval for the invoice. Once the invoice is accepted/Approval not needed (status in case WF is not executed) you can go for payments.

? Make accounting after approval of invoice..

Finally for payments you  require to format, build.

 

Posted Date: 3/30/2013 4:10:02 AM | Location : United States

Ask an Expert

Related Discussions:- Approving an invoice for payment, Assignment Help, Ask Question on Approving an invoice for payment, Get Answer, Expert's Help, Approving an invoice for payment Discussions

Write discussion on Approving an invoice for payment
Your posts are moderated

Write your message here..

Related Questions

Common deductions from gross sales, Q. Common deductions from gross sales? ... Q. Common deductions from gross sales? Generally sales are for cash or on account when a sale is for cash the debit is to Cash and the credit is to Sales. While a sale is on ac

Interpret the coefficients , A Use the CPS data to calculate mean log(wage)... A Use the CPS data to calculate mean log(wage) for women and men. log(wage) is coded as the variable LNWAGE and the variable FE is coded 1 for female and 0 for male.) First use the

A vendor reduces an item listed at $140 on july 1st by 20%, A vendor reduce... A vendor reduces an item listed at $140 on July 1st by 20%, and then reduces it another 25% on September 1st. What is the sale price of the good after the last reduction? A. $7

Enumerate the fundamentals of financial accounting, Enumerate the fundament... Enumerate the fundamentals of financial accounting information Frame works and principles which have been developed try to address fundamental questions like: ?Who are user

ALREEET, What time is it? What time is it?

Cost of goods sold , find cost of goods sold find cost of goods sold

Final accounts, stpes to be taken prepaing for final accounts stpes to be taken prepaing for final accounts

A physical inventory on december 31 shows 2, a physical inventory on decemb... a physical inventory on december 31 shows 2,000 units on hand. holliday sells the units for $12 each. the company has an effective tax rate of 20%. holliday uses the periodic inv

Calculate current ratio, Compute each of the following amounts Company repo... Compute each of the following amounts Company reported current assets of $80,000, non-current assets of $350,000, current liabilites of $32,000 and long term liabilities of $120,00

Depreciation, basic methods for calculating depreciation basic methods for calculating depreciation