S. Debtors showing Credit balance
This query is : Resolved
06 July 2010
What are the possibilities of S.Debtors showing credit balance?
Thank You
Regards
Devendra
Thank You
Regards
Devendra
Rahul Gupta
(Expert)
06 July 2010
Some of the possible reasons could be >
1. Debtors have paid excess payment.
2. Sales return by the customers but amount not yet settled or returned.
3. Sales wrongly entered in other party accounts while payment received is recorded correctly.
4. Volume Discount or other discount paid later after period although payments received in full.
1. Debtors have paid excess payment.
2. Sales return by the customers but amount not yet settled or returned.
3. Sales wrongly entered in other party accounts while payment received is recorded correctly.
4. Volume Discount or other discount paid later after period although payments received in full.
Message likes :
1 times
07 July 2010
AGREE WITH EXPERTS.
07 July 2010
AGREED WITH EXPERTS.
SECURITY DEPOSIT FROM CUSTOMERS
SECURITY DEPOSIT FROM CUSTOMERS
CMA Arif Farooqui
(Expert)
12 July 2010
AGREE WITH EXPERTS.
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