After reconciling fuel deliveries with the actual inventory reports from our tank monitoring system, I've noticed regular discrepancies that amount to +/- $100 each week. I have brought this issue up with our fuel distributor, but they have not done anything as of yet.
What would be the best way to account for these discrepancies? There's a chance we might get back our money, but I'm betting we won't.
One method I was thinking to use was an ar account that I'd write off at the end of each year, but that may not be the best for our balance sheet.
Thoughts?
What would be the best way to account for these discrepancies? There's a chance we might get back our money, but I'm betting we won't.
One method I was thinking to use was an ar account that I'd write off at the end of each year, but that may not be the best for our balance sheet.
Thoughts?