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Why is an ‘Alternate Payee’ used
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An individual who is recognized as having a right to receive some or all of the benefits if the original beneficiary does not or cannot collect. Usually a spouse, former spouse, child, or other dependent.
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1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.
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