mardi 27 mars 2018

Business Management: Vendor Overpayment - Ethical

My question involves business law in the state of: Kansas

An inadvertent over-payment / paid twice to a vendor presents this ethical delimma: Do we notify? It's not a lot of money - less than $200.00. They are a long-time (more than 10 years) trusted, valued vendor. It's our sloppy accounts payable system - and yet a mistake like this has not been made (using the same accounting method) for 20 years. We stand ready to accept full responsibility and not ask for re-payment - again it's not that much money! It's the ethical thing that presents the problem. It would be so much easier to just keep quiet - right? It's a full page letter with supporting documentation to the tune of 12 pages. So much more trouble than it's worth, and the only one who loses are those that made the error! Why the need to rational then? Yes, it is embarassing to expose even small mistakes, makes one look unprofessional, and on and on. Thanks in advance for ethical advice.


Business Management: Vendor Overpayment - Ethical

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