What is PO and Non-PO Invoice - PowerPoint PPT Presentation
Title:
What is PO and Non-PO Invoice
Description:
Difference between PO and Non-PO invoice. A PowerPoint presentation from the Bautomate team – PowerPoint PPT presentation
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Title: What is PO and Non-PO Invoice
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What is PO and Non-PO Invoice?
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Overview
- In the accounts payable department, there are two
major types of invoices - Purchase-order-based invoices, also called PO
invoices - Non-PO invoices or expense invoices
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Difference between PO Non-PO Invoice
- In the case of PO invoice, the purchase will be
triggered by a pre-approved purchase order (PO)
that is sent to the supplier - Non-PO invoices do not have a purchase order
associated and are the result of spend outside a
regulated procurement process
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Difference between PO Non-PO Invoice
- PO invoice Pre-approved invoice
- Non-PO invoice This is not pre-approved and it
needs to go through an invoice approval process
within the buying organization
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Difference between PO Non-PO Invoice
- Example of PO payment Vendor Payment
Authorization Form (VPA) - Example of Non-PO payments
- 1. Travel Reimbursement Form
- 2. Mileage Reimbursement Form
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