ABC Status Codes

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Mastering ABC Status Codes

Test your knowledge on ABC Status Codes with our comprehensive quiz! This quiz is designed for professionals dealing with invoicing and client management, helping you reinforce your understanding of the appropriate status codes to use in various situations.

By participating, you will:

Enhance your knowledge of invoicing practices.
Identify the correct status codes for client communications.
Improve your effectiveness in client management scenarios.

11 Questions3 MinutesCreated by ResolvingIssues342

A client has advised that there is a 'pay when paid' agreement in place and they cannot pay AECOM until they receive the funds from their client. Which status code should you use?

PWP client not paid

PWP when client paid

Pay when paid

You have contacted a client and the invoice is awaiting approval in their system. Which status code is correct?

Disputed - client approval required

Client approval required

Invoice resubmitted

AECOM has initiated legal action against a client and are using an external legal agency to proceed. Which status code should be set?

Legal - claim/other actions commenced

Legal - other

Collections Agency

You set a status code to 'PM following up', after what period of time should a follow up be made with the PM?

10 days

7 days

5 days

Notification has been received that a client has gone into Administration. The 'Doubtful / Uncollectable' status code needs to be set, who has authority to set this status?

Team Lead

Head of Collections

Collector

A client advises that they have not received all the contractual documents, time sheets, back up etc. Which status code should be used?

Documents not supplied

Invoice rejected

Disputed - contract issue

The Project Manager has confirmed that a credit note is to be raised against an invoice and a new invoice is to be issued to the client. What should the status code be changed to?

Credit required

Invoice resubmitted

Invoice rejected

A client advises that they have already paid an invoice. Which status code is correct?

Promise to Pay Balance

Disputed - client already paid

Existing status code remains against the invoice

An invoice is paid less withholding tax leaving a balance remaining. Which status code should be selected?

Short pay - withholding tax foreign government

Short pay - withholding tax other

Short pay - discount

ABC Status Codes

Mastering ABC Status Codes

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