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Invoice Processing
Invoice Processing : involves the handling of incoming invoices from arrival to payment. Invoices have many variations and types. In general, invoices are grouped into two types: 1. Invoices associated with a company's internal request or purchase order (PO-based invoices) and 2. Invoices that do not have an associated request (non-PO invoices). Most organizations have clear instructions regarding the way that they should process incoming invoices. It is common to have one approach for PO-based invoices, and another for non-PO invoices. Some companies also have unique requirements based on the type or dollar amount of a transaction. In general, both types of invoices are processed by a company's accounts payable department. The process in which a supplier invoice is validated and paid is also known as the purchase-to-pay cycle. Typical Process The process usually begins when a supplier's invoice is received. Invoices can be sent via email, postal mail, fax, or EDI. Once an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Invoices
An invoice, bill or tab is a commercial document issued by a seller to a buyer relating to a sale transaction and indicating the products, quantities, and agreed-upon prices for products or services the seller had provided the buyer. Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days to pay and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice. To avoid confusion and consequent unnecessary communications from buyer to seller, some sellers clearly state in large and capital letters on an invoice whether it has already been paid. From a seller's point of view, an invoice is a ''sales invoice''. From a buyer's point of view, an invoice is a ''purchase invoice''. The document indicates the buyer and seller, but the term ''invoice'' indicates money is owed ''or'' owing. Within the European Union, an invoice is primarily legally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounts Payable
Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payable department's main responsibility is to process and review transactions between the company and its suppliers and to make sure that all outstanding invoices from their suppliers are approved, processed, and paid. Processing an invoice includes recording important data from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accomplished, the invoices must go through the company's respective business process in order to be paid. Overview An accounts payable is recorded in the Account Payable sub-ledger at the time an invoice is vouched for payment. Vouchered, or vouched, means that an invoice is approved for payment and has been recorded in the General Ledger or AP subledger as an outstanding, o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purchase-to-pay
Purchase-to-pay, often abbreviated to P2P and also called ''req to check/cheque'', refers to the business process A business process, business method or business function is a collection of related, structured activities or tasks by people or equipment in which a specific sequence produces a service or product (serves a particular business goal) for a parti ...es that cover activities of requesting (requisitioning), purchasing, receiving, paying for and accounting for goods and services. Most organisations have a formal process and specialist staff to control this activity so that spending is not wasteful or fraudulent. References Transaction processing {{Business-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounts Payable Automation
Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payable department's main responsibility is to process and review transactions between the company and its suppliers and to make sure that all outstanding invoices from their suppliers are approved, processed, and paid. Processing an invoice includes recording important data from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accomplished, the invoices must go through the company's respective business process in order to be paid. Overview An accounts payable is recorded in the Account Payable sub-ledger at the time an invoice is vouched for payment. Vouchered, or vouched, means that an invoice is approved for payment and has been recorded in the General Ledger or AP subledger as an outstanding, or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ERP Systems
Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from many business activities. ERP systems can be local based or cloud-based. Cloud-based applications have grown in recent years due to information being readily available from any location with Internet access. Traditional on-premise ERP systems are now considered legacy technology. ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system shar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Resilience (network)
In computer networking, resilience is the ability to "provide and maintain an acceptable level of service in the face of faults and challenges to normal operation." Threats and challenges for services can range from simple misconfiguration over large scale natural disasters to targeted attacks. As such, network resilience touches a very wide range of topics. In order to increase the resilience of a given communication network, the probable challenges and risks have to be identified and appropriate resilience metrics have to be defined for the service to be protected. The importance of network resilience is continuously increasing, as communication networks are becoming a fundamental component in the operation of critical infrastructures. Consequently, recent efforts focus on interpreting and improving network and computing resilience with applications to critical infrastructures. As an example, one can consider as a resilience objective the provisioning of services over the net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SAP AG
Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separate substance, separately produced, and with different components and functions. Insect honeydew is called sap, particularly when it falls from trees, but is only the remains of eaten sap and other plant parts. Types of sap Saps may be broadly divided into two types: xylem sap and phloem sap. Xylem sap Xylem sap (pronounced ) consists primarily of a watery solution of hormones, mineral elements and other nutrients. Transport of sap in xylem is characterized by movement from the roots toward the leaves. Over the past century, there has been some controversy regarding the mechanism of xylem sap transport; today, most plant scientists agree that the cohesion-tension theory best explains this process, but multiforce theories that hy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsoft
Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. Its best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2019. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Meta. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oracle Database
Oracle Database (commonly referred to as Oracle DBMS, Oracle Autonomous Database, or simply as Oracle) is a multi-model database management system produced and marketed by Oracle Corporation. It is a database commonly used for running online transaction processing (OLTP), data warehousing (DW) and mixed (OLTP & DW) database workloads. Oracle Database is available by several service providers on-prem, on-cloud, or as a hybrid cloud installation. It may be run on third party servers as well as on Oracle hardware (Exadata on-prem, on Oracle Cloud or at Cloud at Customer). History Larry Ellison and his two friends and former co-workers, Bob Miner and Ed Oates, started a consultancy called Software Development Laboratories (SDL) in 1977. SDL developed the original version of the Oracle software. The name ''Oracle'' comes from the code-name of a CIA-funded project Ellison had worked on while formerly employed by Ampex. Releases and versions Oracle products follow a custom r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lisbon
Lisbon (; pt, Lisboa ) is the capital and largest city of Portugal, with an estimated population of 544,851 within its administrative limits in an area of 100.05 km2. Grande Lisboa, Lisbon's urban area extends beyond the city's administrative limits with a population of around 2.7 million people, being the List of urban areas of the European Union, 11th-most populous urban area in the European Union.Demographia: World Urban Areas - demographia.com, 06.2021 About 3 million people live in the Lisbon metropolitan area, making it the third largest metropolitan area in the Iberian Peninsula, after Madrid and Barcelona. It represents approximately 27% of the country's population. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Military Academy (Portugal)
The Military Academy (AM; ''Academia Militar'' in Portuguese Language, Portuguese) is a Portugal, Portuguese military establishment, which has the ability to confer educational qualifications equivalent to a university. It develops activities of teaching, research and support for the communities with the purpose of training and forming officers for the Portuguese Army and the Portuguese Republican National Guard, Republican National Guard. History The Military Academy has this designation since 1959, but the first such establishment occurred in 1640 when the Military Higher Education was created. Campus Currently, the Portuguese Military Academy is located in two different barracks, a main one in Lisbon's Bemposta Palace and a detachment in Amadora. Academics Army graduation programs * Master's degree, Master in military sciences, Cavalry (5 years) * Master in military sciences, Infantry (5 years) * Master in military sciences, Artillery (5 years) * Master in military sciences, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
