how to trace on line payments

[Guest]

what one accontant shold do to trace prepaid(online payment) transactions in case of company like flipcart. how can we trace with sale invoices. neither we can trace from bank statement properly as trasactions are large. what measures a accontant shold do and and what necessayr helps he shold take from other departments like marketing.

[DR.MARIAPPAN GOVINDARAJAN]

It is a difficult job. The Government is to get solution.

AI Summary

Tracing online prepaid payments remains challenging, highlighting need for coordinated internal controls and public-sector solutions. An accountant asked how to trace prepaid online payments for a large e commerce firm when bank statements are inadequate and what help to seek from other departments; the sole reply stated the task is difficult and that a government level solution is required.