What is meant by functional specifications involved in PO and AP?How do you find out one organization using multi-org or single org?What is the difference between balance, account, none (automatic offset methods)?Difference between manual payment and quick payment?Purchasing and payables done at which level, Operating Unit level or SOB level?
Please explain end to end process of accounts payable. I mean, Invoice processing to Payment.
Latest Answer : The AP activity starts from Invoice Processing and it gets completed once the invoice is paid. The flow of AP is as follows:Once the vendor sends the invoice for the goods or services rendered, the IP team verifies the three way match conept if its a ...
What items would you verify when processing an expense report /invoice for payment?
What is Component Level Default Processing?
What items would you verify when processing an expense report / invoice for payment?
Latest Answer : First thing to be verified whether it is a tax invoice or not.Secondly we have to check the party's name on the invoice.it should be approved by the person who is having limit.The other things like cost center IE Type should be checked. ...
