Accounts
Payable

Drawing Precision in every

Clear

Concise

Precise

Balanced

Invoice Accuracy & Authorization: Verify that invoices are accurately approved and prepared, including compliance with Purchase Orders, supplier information, purchase details, quantities, prices, and any applicable discounts or terms. Timely Payment: Ensure that invoices are processed and paid in a timely manner according to agreed-upon payment terms & Authorization to avoid late payment penalties and maintain good relationships with suppliers. Vendor Master File Maintenance: Regularly update and maintain the vendor master file to ensure accurate supplier information and avoid dupli- cate or erroneous entries. Aging Analysis: Review aging reports of accounts payable to identify overdue invoices and manage cash flow effectively. Vendor Communication: Maintain open communica- tion with vendors regarding invoice discrepancies, payment inquir- ies, and any issues related to accounts payable. Documentation: Maintain proper documentation for all accounts payable transac- tions, including invoices, purchase orders, receiving reports, pay- ment authorizations, and correspondence with vendors.