Filling In Documents Flashcards
What is a Profit and Loss account?
A Profit and Loss account shows the profits or losses over a certain period of time
What are Cost of Sales?
The Cost of Sales is the accumulated total of all costs used to create a product or service, that has been sold
What are examples of Sales and
Marketing expenses?
Advertising costs, direct mailing costs, entertainment costs, sales materials costs (brochures) and travel costs
What are examples of Office-related expenses?
Accounting expenditures, insurance costs, legal fees, office supplies, rent costs, repair costs and utility costs
What do you need to check documents for?
Correct document numbers, correct product code/description, discount being removed not added and VAT being added and not removed
What do you check on a Purchase Order?
Document number, name, address, quantity, description, price and date
What do you check on a Delivery Note?
Document number, name, address, quantity, description, price and date
What do you check on a Goods Received Note?
Document number, name, address, quantity, description, price and date
What do you check on an Invoice?
Document number, name, address, quantity, description, price and date
What do you check on a Credit Note?
Document number, name, address, quantity, description, price and date
What do you check on a Statement of Account?
Date, invoices added, credit notes taken away, balance from last month added
What do you check on a Remittance Advice Slip?
Document number, name, address, price and date
What do you check on a Cheque?
Name, address, price, date and signature
What do you check on a Receipt?
Document number, name, address, price and date
How to practice filling out documents?
google edexcel past papers !!
