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- Jul 14, 2015
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Hi there,
At the agency that I work for, my manager is telling me to credit a "Due To/ From receivables" account for refunds that we get, rather than crediting the original expense account. It doesn't make sense to me, but according to her, I'm supposed to know this. She's been living in a bubble for the last 30 years and thinks all companies operate like this. Does anyone else do this? If so, can you provide some insight? Thanks so much!
At the agency that I work for, my manager is telling me to credit a "Due To/ From receivables" account for refunds that we get, rather than crediting the original expense account. It doesn't make sense to me, but according to her, I'm supposed to know this. She's been living in a bubble for the last 30 years and thinks all companies operate like this. Does anyone else do this? If so, can you provide some insight? Thanks so much!