What is the defference between writeoff and receipt writeoff?

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pseude

  • Apr 23rd, 2008
 

Receipt Write-Off is used to write-off unapplied excess money lying on receipts. Suppose customer owes $100 but pays $102. So apply $100 and write-off $2. The other write-off is more like an adjustment. Suppose customer owes $100 but pays $98. The underpaid $2 can be either adjusted via a write-off or recharged to the customer using a receipt-chargeback.

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