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Purchase order invoice

Purchase order invoice

What is this?

Overview
Where invoice matches with a purchase order, Queensland Shared Services (QSS) processes payment.
Who
QSS customers
Level of expertise
Basic finance knowledge

Features

Pay standing orders

Suitable for recurring and long-term purchases because invoices are paid from committed funds.

Minimal processing

No form required for payment.

Benefits

Controls purchase of goods and services

Prevents overpaying and overbuying.

Financial controls

Strengthens internal controls when a 3-way match occurs between purchase order, goods receipt and invoice.

Improved cash forecasting

Have a more accurate view of your budget because amounts committed for purchases are reflected when purchase order raised, rather than when invoice paid. 

    

What next?

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