Business Documents (Junior Cert Business Studies): Flashcards

Written records tracking transactions with suppliers & customers

Buyer sends to seller

Seller sends to buyer

Buyer sends to seller

Seller sends to buyer

Cash with order - payment when placing order

Cash on delivery - payment when goods delivered

Goods sold with payment due at later date

Price reduction for business customers

Value Added Tax - government tax on goods/services

Errors and omissions excepted - protects against mistakes

Save time, reduce costs, improve accuracy, better storage, help environment