CASH DISBURSEMENTS Initiate Payments to Vendors (Jim Adams) Approve Payments to Vendors (Ray Kramer) Payments on account: All other payments: From B p. 22 Pull support documents on due date from VT file Receive invoice from vendor Approved P.O. 2 Receiving report Only purchases of physical goods will include approved P.O. and receiving report. Vendor invoice Prepare check or ACH pmt. auth. Approved P.0.2 Receiving report Vendor invoice Check or ACH pmt. auth. eines nel VSR (amb mi Approved P.O. 2 Receiving report Vendor invoice Review documents, sign check or ACH pmt. auth., initiate ACH payment online with bank (ACH pmts. only). Write "paid," check or ACH auth. no., date, and initials on invoice. Check ACH pmt. auth. Cash disbursements journal Make entry in cash disb. journal. For pmts, on account, also make an entry in acc. pay. sub. ledger. Accounts payable subsidiary ledger VT Content To vendor HD Approved P.0.2 Receiving report Vendor invoice Pulled monthly for bank reconciliation process File Description V = Vendor VT = Vendor, temporary, by due date M Download the Quiz 3 Flowchart from the Instructions/Flowcharts book on page 23. Describe in detail the work Jim Adams performs (i.e. payments on Account). Please use in step formats, for example Step 1 - Jim Adams performs..., Step 2 - Jim Adams verifies... etc. Download the Quiz 3 Flowchart from the Instructions/Flowcharts book on page 23. Describe in detail the work Jim Adams performs (i.e. Cash purchases and other Cash Payments). Please use in step formats, for example Step 1 - Jim Adams performs..., Step 2 - Jim Adams verifies... etc. 2- - CASH DISBURSEMENTS Initiate Payments to Vendors (Jim Adams) Approve Payments to Vendors (Ray Kramer) Payments on account: All other payments: From B p. 22 Pull support documents on due date from VT file Receive invoice from vendor Approved P.O. 2 Receiving report Only purchases of physical goods will include approved P.O. and receiving report. Vendor invoice Prepare check or ACH pmt. auth. Approved P.0.2 Receiving report Vendor invoice Check or ACH pmt. auth. eines nel VSR (amb mi Approved P.O. 2 Receiving report Vendor invoice Review documents, sign check or ACH pmt. auth., initiate ACH payment online with bank (ACH pmts. only). Write "paid," check or ACH auth. no., date, and initials on invoice. Check ACH pmt. auth. Cash disbursements journal Make entry in cash disb. journal. For pmts, on account, also make an entry in acc. pay. sub. ledger. Accounts payable subsidiary ledger VT Content To vendor HD Approved P.0.2 Receiving report Vendor invoice Pulled monthly for bank reconciliation process File Description V = Vendor VT = Vendor, temporary, by due date M Download the Quiz 3 Flowchart from the Instructions/Flowcharts book on page 23. Describe in detail the work Jim Adams performs (i.e. payments on Account). Please use in step formats, for example Step 1 - Jim Adams performs..., Step 2 - Jim Adams verifies... etc. Download the Quiz 3 Flowchart from the Instructions/Flowcharts book on page 23. Describe in detail the work Jim Adams performs (i.e. Cash purchases and other Cash Payments). Please use in step formats, for example Step 1 - Jim Adams performs..., Step 2 - Jim Adams verifies... etc. 2
