Section Four - Legal Aspects Of a Business Flashcards
Business Documents
Business documents are files that provide details related to a company’s internal and external transactions.
Types of Business Documents
Delivery note
Order
Invoice
Debit note
Statement
Receipt
Credit note
Quotation
Enquiry
Catalogue
A document that gives details about products available for sale
Letter of Enquiry
A document used by a potential client to request information from a prospective supplier
Quotation
A document that provides information requested by the potential purchaser
Advice Note
This informs the purchaser of the goods to be sent and any conditions for receipt
Delivery Note
A document used in transporting the goods to the purchaser.
Sales Invoice
A document that outlines the goods purchased and sent to the buyer by the seller
The Pro forma Invoice
An invoice sent under particular circumstances to a buyer before all invoicing details are clear
Debit Note
A document that is issued to the purchaser when he/she has been undercharged by the seller
Credit Note
A document that is issued to a purchaser when he/she has been overcharged by the seller
Stock Card
A document that provides up to date information on goods received
Statement Of Account
This document summarizes a customer’s transactions over time.