Purchase Order Vs Invoice

Description

Know the difference between your order

Industry

Agriculture

What you will learn

How the solution works and how it will impact your performance in the Finance/Accounts department

Objectives

Match the Order given against the invoice/waybill received and identify where shortages lie

i. Match the Order given against the invoice/waybill received and identify where shortages lie. ii. Bring the attention of the issuer of PO to any difference to analyse impact on the work or project at hand

Benefits

i. It helps to ensure that payments are processed based on the actual items received instead of orders placed thereby avoiding waste of resources. ii. Quick to identify potential delay in delivery of work/project/task