A business example
An exporter invoices USD 10,000 and its bank credits USD 9,970 after a separately identified USD 30 charge.
Invoice due
USD 10,000 is recorded as receivable.
Bank receipt
USD 9,970 reaches the account, with a USD 30 charge shown separately.
Reconciliation
The exporter connects the receipt and charge evidence to the invoice.
What this shows
The difference needs an explanation, not an automatic write-off. Whether the transaction is fully resolved under the relevant rules depends on the supporting facts.
What it is often confused with
Issuing an invoice or recording revenue is not proof that export proceeds have been realised.
What to look at in your business
Investigate short receipts, bank charges and unmatched invoices using the relevant transaction rules.
Context and further reading
This entry explains the business term. The related guide below provides the next layer of context; any applicable legal test depends on the transaction and relevant period.
Kosha.Services · Updated 2 October 2026