Invoices Received:
a. Invoices received should not be recorded into the records unless they have been verified as valid by a person or persons tasked with verifying the correctness of the supplier's invoices.
b. The individual or people in charge should double-check the following:
i. GRN and DN quality, type, amount, and date
ii. The agreed-upon price, terms, and account information
iii. On the invoice/s, the computations
Recording of purchases:
The purchases should be put directly into the buy journal, filed under the suppliers' names, and compared to the supplier's statement.
-