Backflush Accounting

28-Nov-1010 Leave a comment

If you mke 20 bicycles you must have used 40 wheels, therefore decrement stock of wheels by 40. Problem losses, rejects.

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Filed under Accountancy, Manufacturing

Three way matching

28-Nov-1010 Leave a comment

Accountancy term that means PO match Advice Note match Invoice, or something of that nature

Filed under Accountancy