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Purchase from online retailers
if a company has purchased from online retailer whose invoice is in the name of individual then still can it book it as expense in company's book?
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Quick Summary
did the purchase payment made from company account
The purchase manager or the purchase officer should check the invoices for early settlement. If the materials are received in good condition as per the specification of the purchase order, the delivery note may be issued by the seller. Terms and prices are checked against the purchase order.
11. Passing the Invoice for Payment
If an invoice is correct in all respects, the purchase manager or the purchase officer will pass the invoice and send the same to accounts department and finance department for payment. The invoice may be impressed with the rubber stamp as Bill Passed for Payment.
No, Invoice should be Company Name.
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