Imagine you’re running a retail store, and you’ve just received a shipment of electronics from your supplier. Upon inspection, you notice that several items are damaged. How do you formally communicate this issue and request a refund? This is where …
Prepaid Payment Instruments (PPI) lets you purchase goods with prepaid money in your online wallets, paper vouchers, prepaid smart cards, and more. India allows Prepaid Payment Instruments under Reserve Bank of India (RBI) regulations.
In 2015, introducing Prepaid Payment Instruments …
Every business transaction doesn’t always go as planned. When customers return products, dispute charges, or receive incorrect invoices, businesses need a systematic way to handle these adjustments. This is where credit notes come in – a critical financial document that …
