Interested to Buy Any Domain ? << Click Here >> for more details...
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?
- 1 Answers
- 3207 Views
- I also Faced
- E-Mail Answers
Answer Posted / syed iliyas
Just a journal entry is enough for rectifying the previous
entry with supporting documents
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
can payorder be issued for outstation?if yes then how?should it be account payee?
WHAT IS CORPORATE ACTION?
what is undisclosed profit? explain
How you implemented a chargeback system?
Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
What is functional area,trading partner in sap fico
how to do the recurring entries or steps to follow that
what is difference between account and accounting
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
If income and expense both are equal then what it depicts
while i creating a main asset master there is a error called process being terminated? pls send the solution
what is investment banking
What is Summarising
what happens to each of the three primary financial statements when capital expenditures decrease?
