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If an overpayment (more than was paid) was posted on a
statemnt, can I just make a debit note on the account with
the difference?
Example
Customer had to pay me R 10 000
Payment on his statment was passed for R 15 000

Can I make a debit note with the dif of R 5 000, to rectify
the account for the specific month?

Question Posted / feruscha


If an overpayment (more than was paid) was posted on a statemnt, can I just make a debit note on t..

Answer / syed iliyas

Just a journal entry is enough for rectifying the previous
entry with supporting documents

Is This Answer Correct ?    1 Yes 0 No

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