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INTERNAL CONTROLS ARE IMPORTANT:  MERCHANDISE ACCOUNTS PAYABLE

Are you over-paying your merchandise vendors? It is the Accounts Payable department’s responsibility to ensure that vendor over-payments do not occur. This is done by carefully checking each invoice before it is processed for payment.

Items to be checked include the following:

1. Verify that the company has received the merchandise billed on the invoice by checking the invoice against the documentation from the receiving department.

2. Verify the cost on the invoice to the cost on the Purchase Order.

3. Verify the terms and discounts on the invoice to those stated on the Purchase Order.

4. Apply any credits due from the vendor prior to paying the vendor’s invoice.

5. See that invoices are processed for payment by the due date so discounts are not lost.

6. Verify by weight and point-of-origin that the freight charges are correct.

PLACE YOUR ORDER

PRICE: $297.00 (includes handling and priority mail)

Send your check for $297 made payable to
The Retail Management Advisors to:

Internal Controls
The Retail Management Advisors
510 Red Oak
Allen, TX 75002

OR

If you prefer to use a credit card, click on the paypal link below
PRICE: $297.00 (includes handling and priority mail)

**Please note: all orders from outside the US will be emailed in .pdf format**

OR

For OVERNIGHT DELIVERY, order using PayPal by clicking on the link below
PRICE: $347.00 (includes overnight delivery)


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