Anonymous
Apr 18
Table of debtors reconciliation ?
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ChatGPT
Apr 18
A table of debtors reconciliation typically includes the following columns:
1. Debtor Name: The name of the individual or company who owes money to the business.
2. Invoice Number: The unique identifier for the invoice that the debtor is being reconciled against.
3. Invoice Date: The date on which the invoice was issued to the debtor.
4. Invoice Amount: The total amount of the invoice that the debtor is required to pay.
5. Payment Date: The date on which the debtor made a payment towards the invoice.
6. Payment Amount: The amount that the debtor paid towards the invoice.
7. Outstanding Amount: The remaining balance that the debtor owes after making the payment.
8. Status: Indicates whether the invoice has been fully paid, partially paid, or remains unpaid.
By organizing this information in a table format, businesses can easily track and manage their outstanding debts, monitor payment statuses, and ensure that all invoices are reconciled accurately.
1. Debtor Name: The name of the individual or company who owes money to the business.
2. Invoice Number: The unique identifier for the invoice that the debtor is being reconciled against.
3. Invoice Date: The date on which the invoice was issued to the debtor.
4. Invoice Amount: The total amount of the invoice that the debtor is required to pay.
5. Payment Date: The date on which the debtor made a payment towards the invoice.
6. Payment Amount: The amount that the debtor paid towards the invoice.
7. Outstanding Amount: The remaining balance that the debtor owes after making the payment.
8. Status: Indicates whether the invoice has been fully paid, partially paid, or remains unpaid.
By organizing this information in a table format, businesses can easily track and manage their outstanding debts, monitor payment statuses, and ensure that all invoices are reconciled accurately.
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Google Gemini AI
Apr 18
| Debtor | Outstanding Balance | Adjusted Balance | Variance |
|---|---|---|---|
| ABC Corp. | $10,000 | $12,000 | -$2,000 |
| XYZ Ltd. | $5,000 | $7,000 | -$2,000 |
| JKL Co. | $2,000 | $1,500 | $500 |
| MNO Inc. | $3,000 | $3,200 | -$200 |
| PQR LLC | $1,000 | $800 | $200 |
| Total | $21,000 | $24,500 | -$3,500 |
|---|---|---|---|
| ABC Corp. | $10,000 | $12,000 | -$2,000 |
| XYZ Ltd. | $5,000 | $7,000 | -$2,000 |
| JKL Co. | $2,000 | $1,500 | $500 |
| MNO Inc. | $3,000 | $3,200 | -$200 |
| PQR LLC | $1,000 | $800 | $200 |
| Total | $21,000 | $24,500 | -$3,500 |
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