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



January 01, 2006 02:58:48 #6
 RAVINDRA   Member Since: Visitor    Total Comments: N/A 

RE: What steps would you take before approving an inv...
 

The following are the important steps one should take before approving the payment.

1. Refer the Purchase Order issued.

2. Refer the Goods Received Note (GRN) for having received goods / service as mentioned in the P.O

3. Refer the terms and conditions for making the payment ( any credit period)

4. check the bank balance before approve the invoice for payment.

     

 

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