For each of the following documents, describe its purpose, the functional area preparing it, and the key data included: remittance advice, remittance list, deposit slip
A remittance advice is sent by the customer to accompany payment. However, it is often part of or a copy of the invoice previously sent by the billing department after the goods were shipped.
A remittance list is often called a cash prelist and is prepared by the mail room clerk to record all cash received. It accompanies the checks to the cashier.
A deposit slip is prepared by the cashier to accompany the checks to the bank. This is usually a preprinted bank form.
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