SOP Templates > Carpentry > Finance & Accounting > Accounts Payable Review

Accounts Payable Review for Carpentry

The Accounts Payable Review workflow helps carpentry contractors manage supplier and vendor payments effectively. It covers reviewing invoices, confirming material deliveries, matching purchase orders, and approving expenses. Managers ensure accuracy, schedule payments, and maintain records for financial reporting. By following this workflow, carpentry companies reduce disputes, avoid late fees, and protect profitability. Clients benefit from seamless operations backed by reliable supplier partnerships. Teams gain accountability with documented reviews and approvals. With this workflow in place, carpentry contractors can strengthen professionalism, improve efficiency, and deliver projects more reliably with consistent financial oversight.

Collect incoming invoices from vendors, subs, and service providers

Verify that each invoice includes required details (PO, job name, dates, scope)

Match invoice to purchase order, delivery ticket, or contract

Check pricing, quantities, and terms against original agreement

Flag any discrepancies for clarification or dispute resolution

Confirm that the billed work or materials have been received and approved onsite

Assign cost codes and project numbers for job costing

Route invoice to project manager or designated approver for sign-off

Enter approved invoices into accounting or ERP system

Schedule payments based on due dates, cash flow, and vendor terms

Issue payment via check, ACH, or other method

Record payment details and update vendor balances

File digital or physical copies of invoices and approvals for audit trail

Reconcile AP ledger and review outstanding payables regularly