SUMMARY NOTE: BUSINESS DOCUMENTS, YEAR 8 BUSINESS 24/01/2024

Objectives:

 List the essential business docs

 Explain when each doc is used

 Justify the importance of each doc

UNLOCK THE POWER OF DOCUMENTS!

Imagine running a detective agency... but your cases involve missing or misunderstood business documents! Today, you'll become
document detectives, learning the secret powers of essential paper trails used in every transaction.

Meet the Doc Squad:

 Quote Crusader: This hero reveals prices before any deal is struck.

 Invoice Avenger: Don't be fooled by this villain! It demands payment for good deeds done.

 Receipt Recorder: Your proof of purchase, this tiny warrior keeps your shopping memories safe.

 Contract Kingpin: This heavyweight enforces the rules, making sure everyone plays fair.

Get Ready for Action:

 Role-play Mission: Pretend you're buying supplies for your school club. What docs do you need? Why are they vital clues?

Key Documents:
 Quotes: Outline proposed costs for services or goods.

 Invoices: Detail agreed-upon price and payment terms for purchased goods or services.

 Purchase Orders: Official request from a buyer to a seller for specified goods or services.

 Receipts: Proof of purchase and payment confirmation for goods or services.

 Bills of Sale: Legal document transferring ownership of specific goods from seller to buyer.

 Contracts and Agreements: Legally binding documents outlining rights and obligations of both parties in a business deal.

 Delivery Note: Confirmation of items delivered in a shipment, signed by both sender and receiver.

 Terms and Conditions: Outline rules and expectations for using a service or purchasing a product.

 Guarantees and Warranties: Promise of repair or replacement if purchased goods or services malfunction within a specific
timeframe.