taz157
Senior Associate
Joined: Dec 20, 2010 20:50:06 GMT -5
Posts: 12,942
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Post by taz157 on Jan 26, 2016 9:58:42 GMT -5
Nope- this one really is bad. The internal report I use for how much cash we had in our operating account was wrong by about a million dollars. Normally, not an issue but it make us out of funds and we can't transfer out of the other account until Next Tuesday. And of course the checks that I wasn't going to release until tomorrow, were mailed last night. So now I have about 1.2 million to about 300 companies in issued checks and not nearly enough to cover them until Tuesday. I'm praying for good timing. I feel sick I have no idea how many will bounce. This was the error Peace Of Mind. The company is liquidating because no one wants to buy the company even though its profitable.
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Abby Normal
Senior Member
Joined: Dec 22, 2010 12:31:49 GMT -5
Posts: 3,501
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Post by Abby Normal on Jan 26, 2016 11:28:07 GMT -5
LOL! Which is why I'm close to perfect. Abby Normal - What happened?! You never updated and you know how nosy some of us can be. her company is closing. I think that tells us all we need to know about the severity of her error. My company is not closing because of my error. Everything turned out fine in that aspect. We managed to fund out of the secondary account before the items cleared. The company is closing because the owner transferred shared to his kids- who don't want to run the company. They are voting to close it down and take what cash they can get. Nice huh?
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