Key Controls Pre-numbering (completeness) Matching of picking ticket to each invoice (completeness, accuracy) Pre-approved vendor (authorisation, validity) Matching of cash receipts with sales invoice (accuracy) Exception.reviewed by sales manager (accuracy, validity) Adjustment is supported by approval from area managers (authorisation, validity) Post adjustments are reviewed by accounting manager (authorisation, validity). Sales orders are matched to each invoice (authorisation, validity, completeness, accuracy) Statements are sent to each customer monthly. Anomalies raised by customer s are investigated by the accounting manager (completeness, accuracy).
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