Week 6 - Source Documents

Issued by the sell when receive payments from the customer

• Credit Notes

• Receipt

• Purchase Order

• Tax Invoice

Document issued by a business to record a payment of multiple invoices from a supplier.

• Payment Voucher

• Delivery Note

• Remittance Advice

• Purchase Order

Issued by the bank to the account holder at the end of the month.

• Bank Receipt

• Bank Journal

• Bank Voucher

• Bank Statement

Issued by the buyer to the seller that contains information about the goods to be purchased.

• Purchase Order

• Delivery Note

• Tax Invoice

• Memo

Issued to the buyer upon receipt of cash payment to the seller

• Cash Receipt

• Bank Slip

• Purchase Order

• Receipt

Issed by the seller to the buyer in the event of a credit transaction

• Delivery Note

• Debit Note

• Credit Note

• Invoice

Issued by the seller to the buyer and delivered together with the goods

• Delivery Note

• Bank Statement

• Payment Voucher

• Cheque Status

How many requirements does the ATO state on an invoice is needed for a transaction over $1000

• 6

• 7

• 8

• 9

Prior to engaging a company to complete works a person should first seek a ____________?

• price

• quotation

• invoice

• order

What does the sales terms 10/7 mean?

• 10 days / 7% discount

• 10% discount / 7 days

• 10 dollars off / 7 days to pay

• 10 days to pay / 7 dollars off