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Template: Unclaimed Property Notice Letter 1

Use this letter to notify your customer that you identified a credit balance on your A/R. The goal of the letter is to create Unclaimed Property

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About this course

description
lessonOverview
This is a letter used to notify a customer (or former customer) that you identified a credit balance on your A/R. The goal of the letter is to verify if the credit is, in fact, a credit.

 

This letter is part of a series of documents and templates that you can use to create your own Unclaimed Property - or Escheattment policy.

If the post office returns the letter and the addressee is untraceable, then the account is considered to be abandoned property and is subject to state escheat laws.

If there is no response to this, a second request is recommended. (See other download) for an example of this.

For more information on this topic, please click here.

.

 
instructor
name title image description Ins
Credit Today www.credittoday.net      
related
image tag title description link contentType
KPIs and Reporting Template for Unclaimed Property Steps This template is designed to help you outline a systematic series of steps for researching and handling unclaimed property left as credits on your receivables. https://academy.highako.com/template-for-unclaimed-property-steps  
Deductions Resolution How to Handle Unidentified Remittances in Cash Application This course on unidentified remittances will help A/R analysts to build a well-defined process where they will be able to identify and standardize the source of remittance. https://academy.highako.com/how-to-handle-unidentified-remittances-in-cash-application  

 

About this course

description
lessonOverview
This is a letter used to notify a customer (or former customer) that you identified a credit balance on your A/R. The goal of the letter is to verify if the credit is, in fact, a credit.

 

This letter is part of a series of documents and templates that you can use to create your own Unclaimed Property - or Escheattment policy.

If the post office returns the letter and the addressee is untraceable, then the account is considered to be abandoned property and is subject to state escheat laws.

If there is no response to this, a second request is recommended. (See other download) for an example of this.

For more information on this topic, please click here.

.

 
instructor
name title image description Ins
Credit Today www.credittoday.net      
related
image tag title description link contentType
KPIs and Reporting Template for Unclaimed Property Steps This template is designed to help you outline a systematic series of steps for researching and handling unclaimed property left as credits on your receivables. https://academy.highako.com/template-for-unclaimed-property-steps  
Deductions Resolution How to Handle Unidentified Remittances in Cash Application This course on unidentified remittances will help A/R analysts to build a well-defined process where they will be able to identify and standardize the source of remittance. https://academy.highako.com/how-to-handle-unidentified-remittances-in-cash-application