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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 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,

BPMN standard, Business Process Diagram, BPMN, Business Process Business Process Diagrams

Business Process Diagrams solution extends the ConceptDraw PRO BPM software with RapidDraw interface, templates, samples and numerous libraries based on the BPMN 1.2 and BPMN 2.0 standards, which give you the possibility to visualize equally easy simple and complex processes, to design business models, to quickly develop and document in details any business processes on the stages of project’s planning and implementation. Read more
BPMN standard, Business Process Diagram, BPMN, Business Process

BPMN, BPMN 2.0, business process model and notation Business Process Model and Notation

Business Process Model and Notation Solution for ConceptDraw PRO is helpful for modeling the business processes of any degree of complexity, documenting them and effective creating diagrams using the BPMN 2.0 standard. Read more
BPMN, BPMN 2.0, business process model and notation

Business Process Elements: Activities

Create professional business process diagrams using ConceptDraw Activities library with 34 objects from BPMN. Read more