Determine the purchasing proceduresalarge company would use, Ask an Expert

Accounting

Determine the Purchasing Procedures

Alarge company would use a "purchasing agent" who heads purchasing department. Small companies would use manager/owner, etc.

Seller receives order and sends an invoice (document which shows the name of buyer and seller, terms of sale, date, description, delivery, price, and total owed) sales and purchase invoice and merchandise.

When merchandise is received, it's checked against purchase order.

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Accounting Basics, Accounting

Category:- Accounting Basics
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