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Invoice payment process - Flowchart

"An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer.
Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days in which to pay, and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice.
In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so in addition to quantity, price and discount the invoicing amount is also based on duration. Generally each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. ...
Payment of invoices.
Organizations purchasing goods and services usually have a process in place for approving payment of invoices based on an employee's confirmation that the goods or services have been received.
Typically, when paying an invoice, a remittance advice will be sent to the supplier to inform them their invoice has been paid." [Invoice. Wikipedia]
The flow chart example "Invoice payment process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park. Read more
Flowchart - Invoice payment process
Flowchart - Invoice payment process, terminator, process, preparation, decision,
Used Solutions
This purchase order processing UML activity diagram was created on the base of activity diagram from the software architecture documentation wiki of the Software Engineering Institute (SEI) of Carnegie Mellon University (CMU).
[wiki.sei.cmu.edu/sad/index.php/Image:PurchaseOrderActivityDiagram.png]
"A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. Acceptance of a purchase order by a seller forms a contract between the buyer and seller, so no contract exists until the purchase order is accepted. It is used to control the purchasing of products and services from external suppliers.
Creating a purchase order is typically the first step of the purchase to pay process in an ERP system." [Purchase order. Wikipedia]
This purchase order processing UML activity diagram example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the ATM UML Diagrams solution from the Software Development area of ConceptDraw Solution Park. Read more
UML activity diagram of purchase order processing
UML activity diagram of purchase order processing , send signal action, initial node, horizontal swimlanes, activity partition, activity group, fork node, join node, decision node, merge node, activity final node, activity edge, object flow edge, action, accept event action,
This Collaboration diagram contains the collection of participants and their interaction throughout an application handling and invoicing process.
"An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer.
Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days in which to pay, and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice.
In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so in addition to quantity, price and discount the invoicing amount is also based on duration. Generally each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing." [Invoice. Wikipedia]
The BPMN 2.0 (Business Process Model and Notation) collaboration diagram example "Application handling and invoicing" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Business Process Diagram solution from the Business Processes area of ConceptDraw Solution Park. Read more
Collaboration BPMN 2.0 diagram
Collaboration BPMN 2.0 diagram, timer, task, none, start, none, end, message, horizontal pool, pool, exclusive gateway, event-based gateway,

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The Flowcharts Solution for ConceptDraw PRO v10 is a comprehensive set of examples and samples in several different color themes for professionals that need to graphically represent a process. Solution value is added by basic flow chart template and shapes' library of Flowchart notation. ConceptDraw PRO flow chart creator lets one depict a processes of any complexity and length, as well design of the flowchart either vertically or horizontally. Read more
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