Home / Blog / Accounting Tips / Operational / Payment on individual invoices v. monthly statements

Payment on individual invoices v. monthly statements

If a vendor mails both individual invoices and monthly statements, then remit payment based on the monthly statement amount. It is easier to track, will create less confusion and likely involve fewer payment misappropriations. And make certain you attach each individual invoice and related purchase orders, if applicable, to the monthly statement and separate payment voucher.

Leave a Reply

NOTE: Do not use this form to communicate with us, it is to add a comment on the page you are currently viewing.