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Preparing payment documentation

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Reference no: EM132554919

Project 1

A property developer has to make payments:
to trade subcontractors for work done
to suppliers for materials
as loans to clients to enable them to purchase finished houses

Question 1: Describe the processes which must be taken to evaluate and authorise payment requests for these purposes.

Your report should address:

  1. verifying the validity and accuracy of payment requests

Question 2: preparing payment documentation

  1. authorising payment, taking into account the levels of authority and industry and/or legislative requirements making the payment

Reference no: EM132554919

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