The principal functions of the Expenditure department is:
The processing of incoming payments in compliance with financial policies, procedures and Procurement act.
Maintains accounting ledgers by verifying and posting account transactions.
Verifies Vendor accounts by reconciling monthly Statements and related transactions.
Control Councils VAT Returns and Insurance Portfolio as per Councils regulations and Procurement act.
Creditors may email their Statements and Invoices to firstname.lastname@example.org.
Creditors will be paid at the end of the month and all other Sundry payments will be paid within seven days after receiving the TAX invoice, on condition that the documents fully comply with the Procurement act, policies and relevant requirements.