Chapter 14
KAPLAN PUBLISHING
251
Supplier statement reconciliations
It is also possible to reconcile a supplier statement to the individual
ledger account balance.
The purpose for doing this is as follows:
•
before any payments are made to suppliers it is important to ensure
that the supplier statement is correct – or else over or under
payments could be made.
•
each invoice and credit note listed on the statement should be
checked to the original documentation for accuracy.
•
when accuracy has been established, it is then possible to decide
which invoices need paying and when by.
Below is an example extract of a statement from a supplier:
Do'stlaringiz bilan baham: |