The proper identification and acceptance of all sales are an important element of internal control for a company’s income statement. It represents the primary source of most companies’ operational cash flow and therefore needs to be protected, managed and monitored using financial internal controls. The following revenue template procedures should be utilized to account for and recognize all sales income of the company. Use accounts receivable or sales order form templates for your accounting revenue cycle procedures to ensure efficiency and success in your accounting department.


The Revenue Policies and Procedures Manual should be utilized to account for and recognize all sales income of your company. Use these revenue cycle accounting procedures to ensure efficiency and success in your accounting department.

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    Procedures

  • Account Collections Procedure | REV109

  • Accounts Receivable Procedure | REV106

  • Credit Policy Procedure | REV103

  • Point-Of-Sale Orders POS Procedure | REV102

  • Progress Billing Procedure | REV108

  • Return Goods Procedure | REV110

  • Sales Order Acceptance Procedure | REV104

  • Sales Order Entry Procedure | REV101

  • Sales Tax Collection Procedure | REV107

  • Shipping Procedure | REV105


    Forms

  • 30-Day Satisfaction Guarantee Notice Template | REV110-1

  • Account Collection Control Log Template | REV109-1

  • Accounts Receivable Write-Off Template | REV106-2

  • Commercial Invoice Template | REV105-2

  • Credit Application Template | REV103-1

  • Credit Approval Request Template | REV103-2

  • Credit Inquiry Request Template | REV103-3

  • Invoice Template | REV106-1

  • Order Form Template | REV101-2

  • Phone Confirmation Checklist Template | REV104-1

  • Return Goods Authorization Approval Template | REV110-2

  • Sales Order Template | REV101-1

  • Shipping Log Template | REV105-1