what one accontantshold 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 accontantshold do and and what necessayr helps he shold take from other departments like marketing.
Payment traceability needed to govern tracing of prepaid online transactions, proposing a uniform law and procedure. An accountant for a high-volume e-commerce seller sought guidance on tracing prepaid online payments when sales invoices and bank statements do not reconcile, and the reply urged the Government to enact a uniform law and procedural framework to address traceability and reconciliation of such transactions. (AI Summary)