Article can be found at http://cpatrendlines.com/2009/02/26/how-much-is-hiding-in-your-companys-pockets/

How Much Is Hiding in Your Company’s Pockets?

Allen Liebnick reveals five sure-fire detection methods.

You know that great feeling when you put on a pair of jeans you haven’t worn in a while and find a $20 bill in your pocket? Want to know how companies can get that great feeling too? By checking their “pockets” for lost dollars. And what are those pockets? Overpayments that have gone undetected!

Overpayments can include:

  1. Duplicate or erroneous payments
  2. Missed discounts and/or rebates
  3. Pricing errors
  4. Unapplied credits
  5. Erroneous sales tax charges

More here…

Posted February 26, 2009
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One Response to How Much Is Hiding in Your Company’s Pockets? (Subscribe)

  1. James Becker
    http://www.beckeraccountingllc.com
    on February 26, 2009 at 4:38 pm

    Excellent article – I’m going to pass this around to my clients!

    James

    Reply

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