Btec Enterprise Component 3 LAB
Financial documents - answerrange of documents filled when completing financial
transactions.
Buyers - answercustomers or business purchasing goods.
Sellers - answerbusinesses selling goods or services to customers or other businesses.
Assets - answeritems that an enterprise owns.
Orders of financial documents - answerpurchase order, delivery note, goods received
note, invoice, receipt, credit note.
Purchase order - answerused when a buyer orders goods.
Delivery note - answerwhen goods are delivered to the buyers.
Goods received note - answerwhen goods are received.
Credit note - answerif a customer returns their goods to the seller.
Invoice - answerdetails money owed, usually after goods have been received.
Receipts - answera document acknowledging and providing proof of the purchase of
goods.
Cash - answermost traditional form of payment using coins and notes.
Credit cards - answerpayment is deferred until the end of the month.
Debit cards - answerWorks the same as credit cards but money comes straight out of
the bank.
