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  2. Invoice processing - Wikipedia

    en.wikipedia.org/wiki/Invoice_processing

    The process usually begins when a supplier's invoice is received. Invoices can be sent via email, postal mail, fax, or EDI. Once an invoice arrives, the accounts payable clerk must ensure that the document is indeed an invoice. Then the clerk classifi

  3. Percentage-of-completion method - Wikipedia

    en.wikipedia.org/wiki/Percentage-of-Completion...

    The accounting for long term contracts using the percentage of completion method is an exception to the basic realization principle. This method is used wherein the revenues are determined based on the costs incurred so far. The percentage of completion method is used when: Collections are assured; The accounting system can: Estimate profitability

  4. Construction accounting - Wikipedia

    en.wikipedia.org/wiki/Construction_accounting

    Construction accounting is a form of project accounting applied to construction projects. See also production accounting . Construction accounting is a vitally necessary form of accounting, especially when multiple contracts come into play.

  5. 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.

  6. Electronic data interchange - Wikipedia

    en.wikipedia.org/wiki/Electronic_data_interchange

    The final step is to import the transformed file (or database) into the company's back-end system. For an "outbound" document, the process for integrated EDI is to export a file (or read a database) from a company's information systems and transform the file to the appropriate format for the translator.

  7. 6 steps to take after a natural disaster - AOL

    www.aol.com/finance/6-steps-natural-disaster...

    If you are affected by a natural disaster, you can follow these steps to regain a sense of control and start rebuilding your life. 1. Make sure you and your loved ones are safe

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