Legal Question in Business Law in Indiana

Obligations as a vendor

As a vendor, how many times do I have to notify an old customer of a credit balance before I can keep it and write it off the books?


Asked on 7/22/08, 1:43 pm

1 Answer from Attorneys

Samuel Hasler Samuel Hasler

Re: Obligations as a vendor

Check with your accountant. The "law" says nothing about this but the tax code does.

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Answered on 7/23/08, 6:39 pm


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