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Sender: Good evening, kung overpriced po ang nadeliver na goods pero hindi pa nabayaran, ano po ang remedy at legal basis. Salamat. Stay safe.
Related forums: https://gabotaf.com/?s=Overprice
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[Forum] Should Accountants pay overpriced goods?
[ad_1] Sender: Good evening, kung overpriced po ang nadeliver na goods pero hindi pa nabayaran, ano po ang remedy at legal basis. Salamat. Stay safe. Related forums: https://gabotaf.com/?s=Overprice View Answers/Leave a comment [ad_2]
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9 thoughts on “[Forum] Should Accountants pay overpriced goods?”
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You should’ve decided if the items/supplies are overpriced at the time of deliberation pa ng BAC. Declaring an item as overpriced at the time of delivery is moot and academic kasi yung Purchase order at this point is already enforced so contract na yun and obliged na kayo as the procuring agency to pay the amount owed to the supplier/vendor. Otherwise, they have every right to file a case against you for not holding up your end of the bargain, which is to pay.
if the accountant is certain that the items are overpriced, you can sign a waiver so that in case it will be disallowed in audit due to overpricing; you will not be included as the persons liable.
If you are to read GPPB Opinion on the matter of overpricing.. the only instance that we can claim an item to be OVERPRICED hence we may opt to contest payment is kung monopolized ng seller yung market. meaning wala po syang kalaban at walang ibang provider tpos ang mahal ng benta nya. AGAIN, PURCHASE ORDERS are CONTRACTs in and of itself, it is two-way, so dapat bayaran natin what is due to the supplier/vendor.
As long as wala pang na incur na expenses related to the transaction yung supplier pwede nman icancel yung purchase or pa adjust yung price. Otherwise, pay for the proportionate amount.