Nordic Track Audio Rider U300 Power Chord

Invoices Issued Invoices received

We're going to remove a little of what are the proper accounting entries to dedicate this entry from Circle Gazelle something we consider very important is to remember how to manage billing. Today we will make special stress upon as "control" of invoices received from suppliers and creditors.

If the bill before we have any document type budget, delivery note, etc. as the supplier / creditor issues we will relate the invoice or packing slip with the budget accordingly.
now have in our company the bill, the first thing we have to do is make sure that is correct, both the services or products billed as the amounts and payment dates, if you're not on the bill or issuing checks, promissory notes and bills we record both in the matrix of the payment document as an annex to the invoice payment (checks, promissory notes, bills, cash, bank where we charge ...) and the date it will cash.
Once you have all the data, we proceed to its accounting and archiving.
is important for file will always follow the same approach: by date, supplier ...

The Gazelle Circle recommendation is to have a file (excel, word ...) where we have reflected the maturity of the payments to plan and avoid returns or last-minute surprises by having to make a payment of which we had forgotten.

Article 30 of the Commercial Code says that:
"1. The employers kept the books, correspondence, documentation and evidence concerning its business, duly ordained for six years from the last entry made in the books except as established by general or special provisions. "
So you know: Do not throw ANYTHING! for at least 6 years.

In our next post I'll give some tips for the file of invoices and monitoring of client collections.

Regards and until next time ...