Cash payments made to rep were never remitted to vendor: Is payer company on the hook?

A/P Manager Jenn Smith was on a video conference call with one of her company's vendors.

"I don't understand why our account is being suspended," she said to A/R manager Eddie Black.

"Because our accounting records show you owe us over $75,000," Eddie said.

"That can't be," Jenn said.…

Get This You Be the Judge & Much More …

With a Resourceful Finance Pro Insider membership you'll get immediate access to the You Be the Judge you're looking at right now, plus all this in your account on day one:

4 Blueprints (PDF) – detailed, step-by-step frameworks, advice and recommendations for navigating everyday management challenges and difficult situations.
14 Essential Insights (PDF) – concise, 20- to 30-page executive summaries that deliver quick tips, distilled research and curated knowledge on a specific topic.
76 Practical Tools (PDF) – desk references such as checklists, worksheets, scripts, and more to help implement new ideas. Bridging the gap between advice and execution.
100+ HR Legal Q&A's – questions by HR practitioners with answers by practicing employment law attorneys.
50+ You Be The Judge Quizzes – court judgments that present the key facts in story form and allow you to guess the outcome before seeing how the court ruled, with analysis from our expert HR team and what it means to you in practice.
50+ What Would You Do? Scenarios – challenging HR situations with the recommendations of three HR practitioners on how to resolve them.
100+ HR Case Studies – short to medium length-case studies – success stories from HR professionals – that you can adapt to your unique company situation.

Quality, reliable information you can trust – professionally curated, distilled and delivered to you all in one place.

BECOME A

NOW
Get this You Be the Judge plus 400+ resources
FREE for 21 days

Get This You Be the Judge & Much More …

WELCOME BACK!

Reset Password