Flashcards in Supplement - Routines of Bookkeeping Deck (6)
What are some of the typical daily routines
Distribution of Documents
Entering Purchase Invoices
Entering Sales Invoices
What are Some Monthly Routines?
Posting and Balancing
What is Receiving Mail?
It's to check to see if any checks or invoices are in the mail and without this process, documents could be misplaced or not handled until they become critical.
What is Distribution of Documents?
it's when a Document is stamped by a specifically design stamp for the company
What stamp is put on all checks received by the company?
For deposit to the credit of XY Consumer Products