Incorrect Reimbursement Amount

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Hilohi
Member
Posts: 118
Joined: Sun Dec 26, 2010 8:22 pm

Incorrect Reimbursement Amount

#1

Post by Hilohi »

One of our ward's assistant clerks mistakenly issued two reimbursement checks in the incorrect amount. Those two checks have since been cashed. Furthermore, both checks were issued in amounts greater than the amounts actually spent. How should I deal with this situation and how can I rectify it so that it isn't an exception on our upcoming financial audit?
russellhltn
Community Administrator
Posts: 32079
Joined: Sat Jan 20, 2007 2:53 pm
Location: U.S.

Re: Incorrect Reimbursement Amount

#2

Post by russellhltn »

There are two choices: Ask the member to return the amount on a "tithing" slip made out to budget (same as done for any funds left over after an advance) or if the amount it small, declare it immaterial.

See this thread for more discussion.
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