Circular on Implementation of Invoice Register and Online Payment Tracking
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
The National Treasury and Economic Planning
Abstract
The circular on the Implementation of invoice register and online payment tracking provides guidelines and instructions for the adoption and utilization of an invoice register and online payment tracking system. This circular aims to enhance transparency, efficiency, and accountability in financial transactions by implementing digital solutions for invoice management and payment tracking. It outlines the key steps and requirements for setting up and maintaining an invoice register, including capturing invoice details, verification processes, and record-keeping. The circular also highlights the benefits of online payment tracking, such as real-time monitoring, audit trail capabilities, and improved financial reporting.
Description
Keywords
Invoice Register, Online Payment Tracking, Transparency, Financial Reporting, Audit Trails