The Invoice Payments Policy is a great guide to let your team know what your accounts payable procedures are and the steps for each function based on best practice.

The editable policy document for invoice payments covers off an overarching policy description - why the policy is important to your business. It then walks through the following topics:

* Accounts Payable Procedure

* How to Make a Payment (customisable based on your accounting package)

* Uploading an ABA file

* Alternative Methods of Payment

* International Transfers

Clear descriptions and how to guides for your invoice payments so that new starters or anyone really can jump in and ensure your payments are done to your standards.

* Clear guidelines for new staff

* Consistency when performing tasks

The template is a word document and is ready to download and edit immediately.

Once purchased, wait a few moments while it creates your download, and you can then download when the ‘DOWNLOADS READY’ box appears. You will also receive an email with the downloads so you can access them later.

Customise the template with your business name and logo. You can also change the theme template to update the colour profile to match your corporate colours. 

This template was initially designed with the MYOB accounting package in mind, so you will need to use the steps as a guide and check them against your actual procedures and update as necessary.

Read through every section and customise to your business. If something is not relevant, simply delete it. And of course, you can add any additional sections as you require.