Need to rapidly correct record in invoice? Look no further - DocHub offers the answer! You can get the task finished fast without downloading and installing any software. Whether you use it on your mobile phone or desktop browser, DocHub allows you to alter invoice anytime, anywhere. Our versatile solution comes with basic and advanced editing, annotating, and security features, suitable for individuals and small businesses. We offer lots of tutorials and instructions to make your first experience successful. Here's an example of one!
You don't have to worry about data protection when it comes to invoice modifying. We provide such security options to keep your sensitive information secure and safe as folder encryption, dual-factor authentication, and Audit Trail, the latter of which monitors all your actions in your document.
What is invoice processing? Invoice processing is the series of steps involved in receiving a supplier invoice, approving it, establishing a remittance date, paying the invoice, and then recording it in the general ledger. To show you how this works, lets go on a little trip, which involves these five critical stops along the way -- skip one and you could lose out on early-payment discounts or even get hit with late fees. First stop: Accounts payable. Upon receipt, the invoice taxis into your accounting system, where its recorded on the balance sheet as a liability. Your AP crew must make sure everything checks out.If you use 3-way matching, youll answer questions like: did we get what we ordered? Are we being charged properly for what we got? Does this all match the invoice weve received? If theres a discrepancy in the amounts charged versus the purchase order, the issue must be resolved before the invoice journey can continue. Once cleared for takeoff, the invoice is then routed
