Accounting Source Documents

Front

What is a Sales Invoice used for?

Back

Credit sale; Revenue (stock sold on credit).

Front

Who issues a Sales Invoice?

Back

Seller.

Front

What key details are included in a Sales Invoice?

Back

Customer details, items sold, price, GST, total.

Front

What is a Purchase Invoice used for?

Back

Credit purchase; Expense or Stock (on credit).

Front

Who issues a Purchase Invoice?

Back

Supplier.

Front

What key details are included in a Purchase Invoice?

Back

Supplier name, goods bought, amounts, GST, total owed.

Front

What is a Receipt used for?

Back

Cash received; Revenue (e.g. from customer).

Front

Who issues a Receipt?

Back

Business receiving payment.

Front

What key details are included in a Receipt?

Back

Amount received, reason for payment, method, GST.

Front

What is an EFT Receipt used for?

Back

Electronic payment made; Payment (e.g. expenses, creditors).