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Former Member
Jul 29, 2008 at 06:05 PM

Payment

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Dear All,

How to define approval for advance payment ? E.g :

1-100 thousands USD need approval from dept. head

201 - 300 thousands USD need approval from director

301 thousands USD and above need approval from president director.

What document will be used ? the journal entry created after document added is :

Dr. Advance payment

Cr. Petty Cash

Thanks in advance

Edu