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Once an invoice arrives, the accounts payable clerk must ensure that the document is indeed an invoice. Then the clerk classifies and sorts the invoice into various categories (e.g., by vendor, by transaction type, or by department). The definition of invoice categories is usually unique to a specific organization.
Accounts payable personnel must watch for fraudulent invoices. In the absence of a purchase order system, the first line of defense is the approving manager. However, AP staff should become familiar with a few common problems, such as " Yellow Pages " ripoffs in which fraudulent operators offer to place an advertisement.
A mid-level accounting position between junior accountant and senior accountant. At public accounting firms, staff accountant may be an entry-level position. Staff accountants typically have bachelor degrees but are not necessarily Certified Public Accountants. Typical duties of a staff accountant include preparing journal entries and ...
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The College Football Playoff selection committee is ready to release its fifth top-25 ranking on Tuesday night.. These ranking are a crucial milestone in the playoff, as they will provide ...
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
An 11-year-old girl who was taken to a hospital in critical condition after attempting to save her 12-year-old classmate's life when he fell through the surface of an icy upstate New York lake has ...
"The depiction of Prophet Solomon on this necklace surprised us and revealed the importance of the artifact for Anatolian archaeology," said Çelikbaş.
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