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AP Process Flow-Chart

The document outlines the AP process flow, starting from the creation of a Purchase Order (PO) in the inventory system to the payment processing after invoice approval. It includes steps for matching goods received with the PO and handling discrepancies, with specific approval requirements based on the invoice value. The flow chart highlights the roles of the Restaurant Manager and Finance Manager in the approval process.

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vishal sharma
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47 views1 page

AP Process Flow-Chart

The document outlines the AP process flow, starting from the creation of a Purchase Order (PO) in the inventory system to the payment processing after invoice approval. It includes steps for matching goods received with the PO and handling discrepancies, with specific approval requirements based on the invoice value. The flow chart highlights the roles of the Restaurant Manager and Finance Manager in the approval process.

Uploaded by

vishal sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

AP Process flow chart

PO matched with GR & discrepancies


PO created on Inventory system Goods Received & Inspected (price/quantity/quality) reported to
supplier

Invoice received from Supplier PO approved on Inventory system

Invoice checked with approved PO

Discrepancy?
NO YES

Invoice Approved
Invoice Approved (Restaurant
Manager)

High-Value?
(> £1,000) YES

NO Finance Manager
Approval

Schedule for
Payment

Payment Processed
with relevant
approvals

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