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?
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 |
what is the difference between Assets Allocation & Security selection?
what is CDD’s configuration
What is a variable?
What Kind Of Requirements for Vat Refund And Assessment Cases
when one person does a BPO accounts than how it is differ from normal accounts
please provide wct retun guide line how can prepaire that
What Do u mean by deffered Tax Liability
what is the golden rule of accounting.
what is the difference between financial accouning and financial management?
Break-even analysis
what is the meaning of bank reconcilation
Expand-------TCSM