Financial Documents Flashcards

1
Q

What are the types of financial documents?

A

Purchase orders, delivery notes, invoices, credit notes, statements of account and receipts

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2
Q

What is a purchase order?

A

It shows what they are buying

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3
Q

What’s a delivery note?

A

It’s provided when goods are delivered/tells the company what has been delivered

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4
Q

What is a invoice?

A

It shows what the business is buying from the suppliers

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5
Q

What are credit notes?

A

It identifies issues with products/ linked to refunds

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6
Q

What is a receipt?

A

It’s the proof of purchase

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7
Q

What is a statement of account?

A

It shows transactions over a period of time

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