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It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.

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Q: Is it best to have invoices signed for approval after processing for payment?
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Is it always best to have invoices signed for approval after processing a payment?

Getting an invoice signed for approval after processing payment is essential. The approval authority should sign the invoice after payment processing to actually affirm the correctness of all figures. This reduces the tendencies of double payment processing and wrong payment.


It is always to have invoices signed for approval after processing for payment?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


Is always best to have invoices signed for approval after processing for payment?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


Is it always best to have invoice signed for approval after processing for payment?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


What are credit card processing fees?

Each time a merchant processes a credit card transaction they will be charged a fee by the Payment Processing company. These fees are almost always a percentage of the sales and can range from a little less then 1% to as high as 6% depending on the type of credit card the customer presents for payment, the volume of sales the merchant uses and the contract they have signed with the payment processing company. Additionally, there may also be a flat fee charged for each transaction as well plus the percentage of the sale, but in this case the percentage is usually much smaller. Many merchants do not accept certain credit cards because they simply can not afford the high processing rates. For example Gas Stations may only have a profit margin on selling fuel of 3%-5% so if there American Express processing fee is $0.50 + 4.2% of the sale, they are actually losing money when you pay for a tank of gas with an American Express. Everyone also needs to understand that all of the so called "Premium" cards that offer the consumer rewards, points or rebates when using their cards have a much higher processing rate associated with them. You didn't think your bank was actually paying for any of this did you?

Related questions

It is always best to have invoices signed for approval after processing for payment?

True


Is it always best to have invoices signed for approval after processing a payment?

Getting an invoice signed for approval after processing payment is essential. The approval authority should sign the invoice after payment processing to actually affirm the correctness of all figures. This reduces the tendencies of double payment processing and wrong payment.


It is always to have invoices signed for approval after processing for payment?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


It is always best to have invoices signed for approval after processing for payment.?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


Is it always best to have invoices signed for approval after processing for payment.?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


Is it best to always have invoices signed for approval after processing for payment?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


Is always best to have invoices signed for approval after processing for payment?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


Is it always best to have invoice signed for approval after processing for payment?

It is best to have invoices signed for approval 'before' processing for payment. Each invoice should be checked to ensure the invoice is genuine. There have been cases were an invoice is bogus, and a criminal has sent it to a company in the hope the invoice will be paid without being checked.


Does the state of Texas require payment of child support if the parental rights of an adopted child are signed over?

If you are the father, and have signed an agreement to allow the adoption, than no. You have neither rights, nor responsibilities. But, court approval is required.


Can a business charge a finance charge but bill directly with invoices?

Yes. If you signed a credit application that says it will charge you if you pay out side of your payment terms agreement. On the bottom of our invoices is states "PAST DUE ACCOUNTS SUBJECT TO CHARGE OF 1.5% OR MAXIMUM PERMITTED BY LAW". We bill them out with our regular invoices. Having an account with a vendor is no different then a credit card. Both will charge you if you are late. If you pay on time there should not be an FC on your account. If you are not sure what your payment terms are contact the Accounts Recievables Department of the business. They can help you.


What bank offers the fastest payment processing service?

There is an initiative in the UK to provide faster bank payment processing services. Nine banks accounting for 95 percent of the payments have signed on for the initiative. They are Abbey, Alliance and Leicester, Barclays, Citi, Clydesdale, Yorkshire Banks, Co-Operative Bank, HBOS, and HSBC.


What if the approval has not been done can you still back out?

If you have not signed the contract you more than likely can get out it.