Understanding Non-Purchase Order (PO) Invoice Transactions 0.5 CPE

The subject of Non-Purchase Order (PO) invoices was covered at a high level in the course titled “A Deep Dive into The Responsibilities of Accounts Payable Operations.”  This course covers the flow of Non-PO invoices, from the time they are received by a Company to the point they are paid.  The steps address the coding and approval of such invoices.  Special attention is given to those areas more prone to mistakes.  Inaccuracies can occur even before an Accounts Payable (AP) Processor is ready to enter the invoice into the system. 

Depending on the Accounts Payable system, other documents can be processed the same way as Non-PO invoices such as Credit Memos and other requests for payments including Travel and Expense reimbursement requests.      

Finally, the course covers the accounting transactions posted when a Non-PO invoice is processed, including the posting of freight and taxes that might be billed on an invoice. 

Prerequisites

It is recommended to view the course titled "A Deep Dive into the Responsibilities of Accounts Payable Operations" prior to taking this course.

Learning Objective

• Recognize the difference between Purchase Order (PO) and Non-PO invoices.
• Identify the required steps to be taken before a Non-PO invoice is processed.
• Explore the different types of Non-PO documents that may be presented to Accounts Payable (AP).  
• Discover the General Ledger accounts that are debited and credited when a Non-PO invoice is processed.

Last updated/reviewed: March 24, 2024