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How to do cancellation of cheque/ bounce cheque/ reverse ?

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Question
How to do cancellation of cheque/ bounce cheque/ reverse ?

Answer

scenario:

In July -

Eg: issue PI 001 (Supplier A) and pay bills PV001 (by chq)

       (knocked-ff done and settled)

 

In Aug -

chq cancelled

 

- issue JV - DR Bank

                             CR Supplier A

 

replace new chq to Supplier A again

- issue new Pay Bills

 

(PV knock-off against JV - settled)

 

Hence, in July account will not affected and correction done in August, 2011.


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Article Details
Views: 1235 Created on: Aug 14, 2014
Date updated: Aug 14, 2014
Posted in: Delphi

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