Newest AP Opportunity: Contract Compliance
March 2004
Sometimes the terms "duplicate payments" and "erroneous payments" are used interchangeably, although doing so is not quite accurate. While a duplicate payment is always an erroneous payment, not all erroneous payments are duplicate payments. Erroneous payments include all excess payments. While an accounts payable operation with fairly stringent controls will catch most duplicate payments before they occur, the door is left wide open for other types of erroneous payments.
2009
