Business documents/Financial documents

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  • Created by: zoolouise
  • Created on: 31-05-14 10:48
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  • Business Documents
    • Flow of documents:
      • Actual Order
        • Purchase order
          • Delivery Note
        • Goods Received Note
          • Invoice
            • Credit Note
              • Statement of account
                • Remittance advice slip
                  • Payment method
                    • Receipt
    • Actual order - when a business buys goods/service
    • Purchase order - a form used to order goods, it's sent to the supplier
    • Delivery note - details of the items and quantity, needs a signature to confirm it's received correctly
    • Goods received note - completed when delivery received, confirms correct items and good condition.
    • Invoice - lists items that have been delivered and their price, also includes total cost which has to be paid by the customer.
    • Credit note - opposite to an invoice, shows how much the customer is owed if they're overcharged.
    • Statement of account - summary of the debits and credits received on a customers account. Credit - money paid, Debit - money owed.
    • Remittance Advice - Used when customer is sending a payment for the account. Comes with a statement of account.
    • Payment method - how the customers wants to pay, credit transfer, cheque, cash
    • Receipt - proof of purchase and payment.
  • Actual Order
    • Purchase order
      • Delivery Note
    • Goods Received Note
      • Invoice
        • Credit Note
          • Statement of account
            • Remittance advice slip
              • Payment method
                • Receipt

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