What are the common errors to watch out for during invoice processing?
Being aware of common errors during invoice processing helps in reducing discrepancies and delays.
- Incorrect data entry, especially in key fields like amounts, dates, and vendor information.
- Misalignment or errors in distribution splits that do not sum to the invoice total.
- Overlooking required fields which may lead to processing delays or rejections.
- Ensure regular audits and checks are in place to quickly identify and correct these errors.