MLT Knowledge Test - 3rd party invoicing

What is Invoice?

• Invoice is reflecting economic events, such as: sales​ transactions in accounting books

• Invoice incl. details about customer, seller, goods or services, amounts, date of sales, payment date​

• Is a document created on request

Please choose mandatory fields which should be included in the Invoice request:

• Customer data

• Amount

• Tax code

Which element of financial statement includes assets?

• Balance Sheet

• Profit and Loss

Please choose service type used in Metro to create an invoice:

• Disposal of Fixed assets

• Franchise fees

• Rent

Which element of financial statement is impacted by Other income account?

• Balance Sheet

• Cash flow

• Profit and Loss

What are the payment conditions?

• Information for customer such as: payment terms, bank accounts, etc.

• Company logo

• Data of customer

Which type of VAT is characteristic for the most for Sales VAT invoice?

• VAT input

• 0%

• VAT Output