Ad hoc payment made against a bill

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 June 2014 My company where i am working as an accountant, made an ad hoc payment for one of the vendor bills. Eg: The bill was for Rs. 1000 and the company paid Rs.2000 ad hoc against the bill.

I need to know whether it considered as an advance payment? and it the remaining balance will be set off against the next vendor bill?

Guest

Guest (Expert)

02 June 2014 ya.. it will be treated as advance and can be adjusted against next bill dear

Querist : Anonymous

Querist : Anonymous (Querist)

04 June 2014 Thanks you so much for your reply

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Guest

Guest (Expert)

06 June 2014 no need of thanks dear........... i alwyz try to reply soon............