Credit Memo: A Complete Guide to Credit Memorandums
By tutto_admin | Comments: 0 | 19 Νοεμβρίου 2020This process involves equaling the balance on a company’s general ledger account and bank statements. Since both records have different sources, the closing balances usually do not match. Through bank reconciliation, companies can identify the reasons for the mismatch in those balances. Also, a credit memo assumed by inexperience can create a problem in the