6 Best Practices for Using Vendor Statements
February 2006
Main article
Back in this editor’s days in accounts payable, we treated vendor statements with the respect we felt they were due: We generally threw them in the garbage. After all, what was the point of looking at them? The outstanding invoices listed on the statement were either already paid or lost. If paid, they’d disappear from the statement. If lost, a duplicate would be sent and that document would be researched. So the statement was useless, we contended.
2008
