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Emeraude Costa   Invoice Design   October 19, 2018

Invoices are just part of the picture that mirrors the companys image and business standing. A successful business will have a good template that has all the details. The important details are of the company the buyer and the shipment. There should be the logo and contact details of the company on the very top of an invoice. This should be followed by details of the buyer and the destination of the shipment. The details of the shipment should clearly outline what it consists of the quantities as well as the unit cost of each item. This should be followed by the cost of the purchase other costs any tax that has been included and lastly the total cost of the shipment.

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Maree Humbert   Invoice Design   October 16, 2018

IMS now routes each invoice to be coded and authorised by the correct individual. Some invoices are automatically sent by IMS and others are routed by the AP clerk If the system is not entirely confident of this selection the AP user will initiate the distribution of the invoice to the procurer for authorisation. If they do not have the correct sign-off limit IMS determines the appropriate individual to forward it to until final approval is achieved.

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Moreen Picot   Invoice Design   October 16, 2018

All invoices regardless of the way in which they are sent (whether on paper or in electronic format) must include a series of mandatory fields. Article 6 of Royal Decree number 1496/2003 Spanish law which regulates the content of an invoice establishes these fields as:

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Maree Humbert   Invoice Design   October 16, 2018

Dealing with this volume in a manual operation was causing several problems. Invoice processing was extremely paper intensive; a considerable amount of time and effort was spent data inputting chasing paper invoices and filing. It was often difficult to locate invoices and the AP team would waste time contacting the business users to trace invoices. This resulted in a lack of efficiency and a lack of control over the process. There had also been an issue of making a number of duplicate payments.

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Nichole Potier   Invoice Design   October 16, 2018

Furthermore when companies employ this technology they are motivated to digitalize other documents thus achieving efficiency and savings in additional areas of the business. Control of taxes is also increased with electronic billing because it allows for greater control over tax compliance and simplifies the auditing process.

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Lissette Boulanger   Invoice Design   October 16, 2018

Furthermore these regulations state that electronic invoices can be transcribed on paper including the graphic marks certifying their authentication produced according to PDF 417 specifications as set forth in Resolution number 2/2003 of February 14th of 2003 by the General Board of the State Tax Administration Agency covering specific aspects related to telematic billing.

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Fifine Renaud   Invoice Design   October 16, 2018

Non-PO related invoices need to be coded and approved by the original procurer. Previously this was an entirely manual process with each invoice being posted via the internal mail from AP to the individual who codes the invoice then returned to AP then sent out to the procurer of the goods to authorise This process was not only time consuming but fraught with errors and the risk of invoices getting lost.

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Emeraude Costa   Invoice Design   October 16, 2018

A Proforma invoice is an invoice provided by a supplier in advance of providing the goods or service. A quotation in the form of an invoice prepared by the seller that details items which would appear on a commercial invoice if an order results. It is more of a customs declaration form used in international trade that describes the parties involved in the shipping transaction the goods being transported and the value of the goods. It is the primary document to declare value for customs. It is not a true invoice because the seller does not record a pro forma invoice as an accounts receivable and the buyer does not record a pro forma invoice as an accounts payable.

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