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
2
Q
What is a purchase order?
A
It shows what they are buying
3
Q
What’s a delivery note?
A
It’s provided when goods are delivered/tells the company what has been delivered
4
Q
What is a invoice?
A
It shows what the business is buying from the suppliers
5
Q
What are credit notes?
A
It identifies issues with products/ linked to refunds
6
Q
What is a receipt?
A
It’s the proof of purchase
7
Q
What is a statement of account?
A
It shows transactions over a period of time