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Benefit of Tracking in Accounting

Recently, I have started online business for product selling, I got many queries and purchase order. These products is being delivered by courier company. You know that almost all the courier companies are Internet based and use online programming for tracking whether your product has been delivered or not. But this tracking facility can be very benefited for accountant of buyer and sellers who are dealing online.

1. #  Write only on memorandum book before showing delivery through tracking. Track can be easily done through track no. and you can done by going to the site of your courier company. Suppose, you have to send courier through overnite express ltd, then you have to track by going to http://www.overnitenet.com/ . With this, you can write correct record both on computer and manual.



2. # Send track no. to buyer through email. With this, without tracking, buyer's accountant will not pass the entry of purchase. But, he can only show money as debt before physical buying any product.

3. # After dispatching, you will get receipt from courier agent in which this track no. would be mentioned and this can be used as proof of delivery. In case, if buyer does not found Delivery information in tracking process, he can inform to seller before passing any voucher entry.

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Accounting Education: Benefit of Tracking in Accounting
Benefit of Tracking in Accounting
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Accounting Education
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