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COR INVOICE REVIEW CHECKLIST (TimeandMaterials/LaborHour Type Contracts/Orders) Version Control Date: August 8, 2013 Invoice Checklist for TimeandMaterials (T&M) or LaborHour (LH) Type Contracts/Orders.

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As an Invoicing Specialist, you handle everything that has to do with putting invoices together and sending them out to clients. ... Essentially, you're the one who prepares everything for a bill. You verify billing information, enter the amount due, and write out an itemized account of what the client is paying for.

In and of itself, an invoice is not a legally binding agreement. ... If both sides do not agree to the invoice, then it is not legally binding. The tenuous legal standing of an invoice is the very reason why vendors require signatures from the client, or some other binding form of acceptance, before sending out a product.

Check the Invoice for Accuracy. ... Cross-Reference Invoice Dates. ... Confirm the Work with the Project Manager. ... Check the Vendor Details. ... Record the Invoice Due Date. ... Schedule a Payment. ... Streamline Decision Making. ... Save Money.

When the order is received, the head of the department then needs to sign either the purchase order or invoice, signifying approval for payment. If the head of the department delegates approval authority to someone else, that person cannot create the requisition/purchase order.

The Vendor's Contact Information. The Purchase Order Number. Invoice Number. Description and Pricing. Payment Terms.

Invoice approval involves reviewing and approving supplier invoices before they are posted as a cost in the company's ERP system and sent for payment. Companies and organizations usually have internal rules for who is authorized to approve certain types of costs and up to a certain amount limit.

Use purchase orders, receipts, contractor time sheets and other forms of documentation to confirm that the amounts on the invoice match your records. This includes verifying quantities and checking to make sure the prices for products or services are consistent with the agreed upon amounts.

Check the Invoice for Accuracy. ... Cross-Reference Invoice Dates. ... Confirm the Work with the Project Manager. ... Check the Vendor Details. ... Record the Invoice Due Date. ... Schedule a Payment. ... Streamline Decision Making. ... Save Money.

Invoice reviewers receive a notice in their BigTime inbox that alerts them of the invoice to review, and directs them to it. They accept or reject the invoice on their Review/Approve Invoices window.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232