Sharma Traders - the overdue account

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Sharma Traders - the overdue account

Tuesday, 25 August · 3:30 pm · 21 min · Sharma Traders

Updated 2026-08-26
Tuesday, 25 August

In the room

Ramesh Joshi, Sunita Kale

Organised by Sunita Kale

What the room decided

Changes no record, and is the first thing everyone forgets.

  • Invoice 482 is not a collection problem. It is a credit note we never issued, and it is ours to fix.

    Ramesh · said at line 1

What Corto would change · 4

Nothing is written until you confirm it, one at a time. Every change keeps the transcript as its source.

  • Invoice 482 · Sharma Traders

    overdue 71 days, no reason recorded

    disputed — credit note for a June short supply never issued

  • Promise to pay · Sharma Traders

    created: invoice 519, ₹1,30,000, on the payment run of 5 September

  • Task

    created: Check the June short supply against the dispatch record and answer Sharma the same day — Sunita

  • Reminder ladder · Sharma Traders

    running

    paused until the credit note is settled

What somebody has to answer

Asked of people who were not in the room. Corto asks before it writes.

  • Needs a named approval · Ramesh

    Pausing a reminder ladder stops letters going out. Ramesh has to say yes to that, not Corto.

    If not: The ladder keeps running and the next letter goes on the 29th.

    Law 5: nothing leaves the building without a named human approving it.

What the company now knows

  • Sharma Traders — why the oldest invoice is old

    Invoice 482 has been read as a slow payer for seventy-one days. It is a dispute: a short supply in June was never credited, so their accounts department holds the whole invoice rather than the disputed part. The ageing report cannot see the difference between a dispute and a delay.

    Worth keeping because: This account is named in the founder's brief. What it is named as has been wrong for ten weeks.

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