Check and select a sample of some purchase transactions with a large number of transactions in the period, check against the original documents (purchase invoices, warehouse receipts) Then compare inv.
Check and select a sample of some purchase transactions with a large number of transactions in the period, check against the original documents (purchase invoices, warehouse receipts) Then compare invoices, warehouse receipts with contracts, purchase orders, test records, shipping documents, etc., pay attention to the legality and logic of the documents Check the approval for the purchase: does the approver have the right authority and regulations? Is the approval sequence guaranteed? Is the content of the approval correct with the contract, purchase order, purchase proposal, factual or not? Check the supporting documents for the payment of these items If there is a payment transaction or a document reflecting a discount, discount, etc., the authenticity of the purchase and payable is also proven Select a sample of a number of purchase invoices and delivery notes to check the reasonableness and correctness of the quantity, unit price, VAT, foreign currency exchange rate, compared with the approved contract and the tax schedule of the state and the exchange rate announced by the bank at the same time And compare with relevant documents and books Check the accuracy of calculation results on invoices and warehouse receipts Understand the content of accounts payable, ensuring that only trade payables are recognized as payable to the seller; Reviewing debts with maturity of more than year to reclassify to long-term liabilities; Compare invoices with data on accounting books about: date, amount, etc to see if the bookkeeping is correct From the T-account, Account 331, find the unusual reciprocals, explain the unusual reciprocals - From the detailed book or account ledger 331, select a number of transactions that are payable 10 days before or after the cut-off date - Compare to; Receipt; Goods receipt/handover record Other documents - Evaluate the reasonableness, validity and timeliness of the payables recognition transactions -Checking the continuity of purchase orders, test records, warehouse receipts, etc to ensure completeness and rigor