Invoice Approval is those approvals that should be keeping away from as much as possible in the accounts payable process. There is an important bottleneck concerned in waiting for a manager to support an invoice, so use as many other different as possible.
Purchase of Productive Materials: Learning Objective: Explain the procedure of purchasing productive materials. The actual purchase of all materials is usually made by the purchasing department headed by a general purchasing agent. In some small and medium size companies, however, department heads or supervisors
Invoice Approval and Data Processing: By the time materials reach the receiving department, the company unusually will have received the invoice from the vendor. This invoice and a copy of the purchase order are filled in the accounting department. When the receiving report with