Module 34 · Advanced · 6 lessons · about 47 min

Billing, VAT and payments

Invoice approved work with UAE VAT, handle advances, payments, day close over and short, credit notes, receivables, hand-over and the gate pass.

What you will be able to do

  • Make a job invoice from approved work and read its VAT
  • Take an advance and explain its VAT and how the invoice absorbs it
  • Take cash, card, bank, link and cheque payments, including part payments
  • Close the counter day and explain a short or over difference
  • Correct an invoice with an amendment, a credit note or a cancellation
  • Read receivables, release a car and use the gate pass

Lessons

  1. 1. The job invoice and UAE VAT 8 min
  2. 2. Advances, deposits and proforma invoices 7 min
  3. 3. Taking payments 8 min
  4. 4. Counter day close and cash over and short 7 min
  5. 5. Credit notes and corrections 8 min
  6. 6. Receivables, hand-over and the gate pass 9 min

Practice quiz (28 questions)Printable study sheet