Accounting Best Practices, Fifth Edition

Suppliers

3–50	Issue a welcome packet to new suppliers
3–51	Clean up the supplier master file
3–52	Adopt a supplier naming procedure
3–53	Add supplier 800-numbers to master file
3–54	Assign payables staff to specific suppliers
3–55	Create different supplier accounts for different terms
3–56	Ignore supplier invoices and pay from statements
3–57	Review supplier statements for open credits
3–58	Issue standard adjustment letters to suppliers