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posted by Administrator on Oct 10

In the corporate world, there are a lot of duplicate payments in accounting that are made. While you may think that the vendors would return it, you may be shocked to find that only a few will do. While some credit card companies or utilities will usually carry your balance forward to the next month, not all creditors are so magnanimous.

To stop this from happening to you, first you have to recognize your potential for duplicate payment system. Then, have all the invoices sent to accounts payable first. This will get the invoice into the process and would immediately provide the best information for identifying duplicate invoice.