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Credit Management

sophie_612sophie_612 LondonRegistered Posts: 125
edited October 13 in Credit Management
Hi,

Can anyone tell me how they got the answers for payments received?

Thanks
Sophie



Comments

  • Pian32Pian32 Registered Posts: 255
    OB + Invoiced - Credit Notes + Interest - Closing Balance = Payments received.

    Think of it as an accounts ledger where you're missing the payments received. Put in all your debits and credits including the OB and CB then your balancing figure is your payments received.
    AAT Level 4, MAAT
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    sophie_612
  • sophie_612sophie_612 LondonRegistered Posts: 125
    Pian32 said:

    OB + Invoiced - Credit Notes + Interest - Closing Balance = Payments received.

    Think of it as an accounts ledger where you're missing the payments received. Put in all your debits and credits including the OB and CB then your balancing figure is your payments received.

    thank you so much!
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