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

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Question Published at Thursday, 01 July 2010 in Category Accounts Payable. Question Visited: 662 Times.

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# 1

Following steps should be taken..

► Validate the invoice once it is matched for checking any holds..

► If workflow is implemented , initiate approval for the invoice. Once the invoice is approved/Approval not required(status in case WF is not implemented) you can go for payments.

► Create accounting after approval of invoice..

Finally for payments u need to format, build.

Answer Submitted by: Admin

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