Which of the following will a supplier send to a customer whose invoice was undercast?
Answer Details
If a supplier discovers that their invoice to a customer was undercast (i.e., the amount charged was less than the actual amount due), they will need to send a debit note to the customer.
A debit note is a document sent by a supplier to a customer to inform them of an additional amount that is owed. In this case, the debit note will state the additional amount that was undercharged on the original invoice and request payment for the balance.
On the other hand, a credit note is a document that a supplier sends to a customer to reduce the amount owed. This would be used if the supplier had overcharged the customer.
An invoice is a document that a supplier sends to a customer to request payment for goods or services supplied. However, in this scenario, the original invoice was undercast, so sending another invoice would not correct the error.
A cheque is a payment method used to settle outstanding balances, but it is not relevant in this situation, as the supplier is not making a payment to the customer.
Similarly, a payment voucher is a document used by a company to authorize payments to suppliers, but it is not relevant in this scenario.
In conclusion, the correct option is (B) debit note, as it is the document that the supplier would send to the customer in case of an undercast invoice.