Unbilled Suppliers Orders

by dan ankrah
(toronto, on, ca)

I receieved invoices dating back July 2008 from one of my suppliers for unbilled orders I placed with him.

The total of all the invoices come to approximately $17,000.00 of which $5000.00 is from 2008 and $15000 is Jan - April 2009. I investigated and found we actually received the products but were not billed for. How far back can my supplier go to search for unbilled orders and bill me with it? Is there a limit to how far back he can go in terms of years? I am under any obligation to pay these 2 1/2 to 3 years old invoices?

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Bookkeeping Questions and Answers.

Please subscribe to my monthly newsletter, Bookkeeping Basics E-zine. It tells you each month about the new information that I have added, including some great tips and advice from myself and other Bookkeeping Basics readers.

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Bookkeeping Basics E-Zine.

Like Bookkeeping-Basics.net?