0
What else can I help you with?
How do you write a letter asking for payment of long outstanding dues?
A letter demanding long outstanding dues should delineate when the debt was incurred and the agreed payment schedule that has not been met. The benefits of the membership can also be listed. It may be beneficial to mention that legal action is the next step.
Difference between outstanding expenses and unexpired expenses?
Outstanding expnese is that expense which is already incurred but amount is not paid while unexpired expenses are those expenses for which payment is made in advance but actually expenses are not yet incurred.
What is outstanding and prepaid expenses?
Making liability provision for the expenses relating to current year but actual payment to be incurred in the next financial year is outstanding expenses. Example of this case may be salary arrears. Making payment during the current financial year but actual expenditure is related to next financial year is prepaid expense. This type of expenditures arises in the case of advance payment of taxes on certain categories.
What does cl payment mean on a bank statement?
"CL payment" on a bank statement typically refers to a "credit line payment." This indicates a payment made towards a line of credit, such as a credit card or personal loan. It shows that you have made a payment to reduce your outstanding balance or credit utilization. If you have further questions about specific transactions, it's always best to contact your bank for clarification.
What does it mean to be a balance payer?
A balance payer pays off any outstanding balance of money owing on an account on every payment due date.
What is the deadline for the payment of the outstanding debt, and how soon can we expect the settlement of the amount owed?
The deadline for payment of the outstanding debt is insert specific date. The settlement of the amount owed can be expected insert estimated timeframe.
Can you sell a car then settle outstanding payment on car?
No. You don't own it to sell it.
When a borrower makes a regular monthly payment to their primary mortgage the amount of the payment that is applied by the lender to reduce the outstanding balance is called what?
PRINCIPAL :)
What is the difference between a regular payment and a principal payment?
A regular payment is a set amount of money paid at regular intervals, typically to cover interest and a portion of the principal balance. A principal payment is a payment made specifically to reduce the outstanding balance of the loan or debt.
How do you write a letter asking for payment of long outstanding dues?
A letter demanding long outstanding dues should delineate when the debt was incurred and the agreed payment schedule that has not been met. The benefits of the membership can also be listed. It may be beneficial to mention that legal action is the next step.
What is a collection situatoin?
A collection situation refers to the process of pursuing payment from a customer who has not made a payment as per the agreed terms. It typically involves contacting the customer to remind them of the outstanding payment and working to secure the funds owed.
What is the purpose of sending collection demand letters to debtors?
The purpose of sending collection demand letters to debtors is to formally request payment for outstanding debts and to communicate consequences if payment is not made.
If you pay the same bill twice using your debit card can you get your money back?
yes you can, if there are no outstanding payments. otherwise, your creditor might apply the second payment towards the outstanding debt. that is the easy way out for them.
How does one use a loan amortization table?
One can use an amortization table by inputting the outstanding loan amounts, the interest rates and the payment schedule to calculate how much is outstanding at any particular time.
What happens when your husband dies leaving an outstanding car loan?
The lending institution can place a claim for payment against the estate.
What is the definition of outstanding expenses?
Making liability provision for the expenses relating to current year but actual payment to be incurred in the next financial year is outstanding expenses. Example of this case may be salary arrears.Making payment during the current financial year but actual expenditure is related to next financial year is prepaid expense. This type of expenditures arises in the case of advance payment of taxes on certain categories.
What is part charge?
this is my full name
