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  2. Invoice processing - Wikipedia

    en.wikipedia.org/wiki/Invoice_processing

    The typical workflow is a four-step process beginning with 1. Import of the images through scanning or email, 2. Identification of the vendor and business unit associated with the invoice, 3. Data extraction, and 4. Export of the extracted data and images.

  3. Accounts payable - Wikipedia

    en.wikipedia.org/wiki/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. [1] An accounts payable department's main responsibility is to process and review transactions between the company and ...

  4. Accounting information system - Wikipedia

    en.wikipedia.org/wiki/Accounting_information_system

    Accounting. An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.

  5. Electronic invoicing - Wikipedia

    en.wikipedia.org/wiki/Electronic_invoicing

    Electronic invoicing (also called e-invoicing or einvoicing) is a form of electronic billing.E-invoicing includes a number of different technologies and entry options and is usually used as an umbrella term to describe any method by which a document is electronically presented from one party to another, either for payment [1] or to present and monitor transactional documents between trade ...

  6. Expense management - Wikipedia

    en.wikipedia.org/wiki/Expense_management

    Typically, a manual process will involve an employee completing a paper, spreadsheet, or graphical user interface-based expense report that they then forward, along with the relevant tax invoices (receipts), to a manager or other controller for approval. Once the manager has approved the claim, they forward it on to the accounts department for ...

  7. Invoice - Wikipedia

    en.wikipedia.org/wiki/Invoice

    Self-billing invoice - A self billing invoice is used when a buyer issues the invoice to themselves (e.g. according to the consumption levels he is taking out of a vendor-managed inventory stock). [9] The buyer (i.e. the issuer) should treat the invoice as an account payable and the seller should treat it as an account receivable.

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