Business documents
The paperwork behind every sale on credit: what each document is for, who sends it, and what goes into the books.
Start this moduleThe documents in a credit sale, in order
Rooms in this module
How this works
Each room answers one problem. A task is a few lines of reading, then questions you answer in the books: post to an account, type a figure, sort, match or write a journal. Every answer is marked at once, with the rule behind it. There are no videos.
Words in this module
- Credit note
- A credit note reduces what a customer owes. It is the opposite of an invoice.
- Invoice
- An invoice is the seller's request for payment. It lists what was sold and what is owed.
- Remittance advice
- A remittance advice is sent by a customer with a payment. It lists the invoices and credit notes the payment covers.
- Statement of account
- A statement of account lists the invoices, credit notes and payments between a seller and one customer, and the balance owed.
Questions
How many rooms and questions are in Business documents?
5 rooms and 36 questions. Every question is marked at once.
How long does it take?
About 36 minutes in all. A room takes 6 to 8 minutes, so you can do one at a time.
Is it free?
Yes. Every room in this module is free, and you can start with no account.
What should I do first?
Nothing. This is the first module of Business documents and transactions, so you can start here.