Creado por Richard Kramer
hace alrededor de 1 mes
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Pregunta | Respuesta |
Inventory order from vendors to customers | Purchase order - Bill - Pay Bills. Invoice - Receive payment - Bank deposit |
Lists needed for inventory transactions | Vendor, Customer, Products and Services |
4 types of Products and services | Inventory, Non-inventory, Bundle, Service |
Inventory | Products that are purchase for which quantities are tracked |
Non-inventory | Products purchased that do not need quantities tracked. ex. Office supplies |
Service | A service that is purchase from a vendor and services sold to customers. Ex. legal services (vendor) and pet service (customer) |
Bundle | A collection of products and services that are sold together as a bundle |
Updating products and services list | Before and while entering transactions |
Updating the Chart of Accounts with numbers | Display the chart of accounts then select the edit pencil next to account then add number |
Internal control | set of processes and procedures to safeguard assets and detect errors |
3-way match | Ordering, receiving, and paying |
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