Debtor Excess amount

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Accounts
528 Points Posted on 16 May 2023
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How to adjust excess amount of Debtor for finalisation of accounts for the 31 th March
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On 16 May 2023 at 17:21 Report
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This discussion explains how to handle excess amounts in debtor accounts when finalising accounts for the financial year-end. It advises checking sales and reconciling ledgers to ensure the balance sheet tallies. Key steps include confirming balances and making necessary provisions where ledgers don't match.

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ACCOUNTS MANAGER
2213 Points Posted on 16 May 2023

excess amount means ??

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On 16 May 2023 at 17:36
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Finance
4592 Points Posted on 16 May 2023

Check sales and reconcile both of them. Then balance sheet will tally

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On 16 May 2023 at 20:20
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Profession
28271 Points Posted on 17 May 2023
Pls follow these steps at year end.
1. balance confirmation .
2. where balance is not matching with respective ledger make relevant provisions.
1 Reply
On 17 May 2023 at 08:39

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