Cut-off testsCut-off test for completeness of sales transactions
Cut-off date: October 31.
ID number of last delivery advice (DA) issued on October 31: 45678
| DAs issued up to Oct 31 |
Related sales invoice | Date entered in accounts receivable |
||
|---|---|---|---|---|
| Number | Date | Amount($) | ||
| 45598 | 124230 | Oct 30 | 13,445.00 | October 30 |
| 45602 | 124224 | Oct 30 | 43,000.00 | October 30 |
| 45645 | 124269 | Oct 31 | 10,679.50 | October 31 |
| 45676 | 124267 | Oct 31 | 25,469.00 | October 31 |
| 45677 | 124300 | Oct 31 | 33,500.00 | October 31 |
| 45678 | 124309 | Oct 31 | 18,561.00 | October 31 |
The above DAs with numbers before and including 45678 were all correctly recorded in accounts receivable on or before the cut-off date.
| Sales invoices included in accounts receivable in November |
Related DA number |
||
|---|---|---|---|
| Number | Date | Amount($) | |
| 124330 | Nov 1 | 24,568.00 | 45683 |
| 124334 | Nov 1 | 10,788.00 | 45720 |
| 124356 | Nov 2 | 32,248.00 | 45788 |
| 124389 | Nov 2 | 18,745.00 | 45807 |
| 124394 | Nov 2 | 14,868.00 | 45811 |
| 124406 | Nov 2 | 65,568.00 | 45874 |
The above sales invoices recorded in accounts receivable after cut-off date were all correctly related to DAs with numbers after 45678.