He input the invoice, we paid the supplier, then they did a return, then we were paid back-But to a different account-genius


You mean we weren’t paid back?


Yeah, but no one notices that. And if they did, he could always write off the debt through the input of a fake invoice. Simple.


Ah, you mean first, we do credit supplier, debit loss.. for the invoice




Then we pay the invoice by doing debit supplier, credit bank




Then we create a debit note for the return


Yeah, debit supplier, credit loss


Yeah, well, that’s what I mean, as long as the debt is lower than the overall credits for the supplier, most of the time it won’t get noticed. But if he’s worried about it, he could just clear it to a fake invoice: debit loss, credit supplier.


Doesn’t anyone check what we clear what to?

Related Articles

Want to get instant access to a FREE eBook that outlines the 300 must-have data analytics?

Click below to download our free eBook and we can guarantee it will help you become a recognised leader by starting the transformation of internal control and internal audit!