The national sales manager for your company has pulled you aside and asked you to prepare an invoice for one of the company's largest clients before the end of the fiscal year which ends this month.This invoice will include items that have not yet been shipped and are not planned for shipment until after this fiscal year.What should you do in this situation?
A)Invoice the client as asked by the national sales manager.
B)Invoice the client since this is consistent with past transactions near fiscal year-end.
C)Contact the client and notify them that credit terms are being extended on this invoice since the goods have not been shipped.
D)Discuss this situation with your supervisor.

Question

Quizplus · Accepted Answer

It is important to discuss this situation with your supervisor as it may go against accounting principles to invoice for goods that have not yet been shipped. This could also potentially be misleading to the client and could cause issues if the shipment is delayed. It is important to have a clear understanding of the company's policies and procedures in these situations to ensure ethical and accurate invoicing.

The National Sales Manager for Your Company Has Pulled You