What are Uncollected Funds?

The unpaid amount is also referred to as "unpaid account", which refers to the amount that the one party has already entered into the account and the other party has not received the settlement voucher and has not yet entered into the account due to the different time between the settlement voucher and the bank.

Outstanding amount

Right!

The unpaid amount is also referred to as "unpaid account", which refers to the amount that the one party has already entered into the account and the other party has not received the settlement voucher and has not yet entered into the account due to the different time between the settlement voucher and the bank.

Reasons for the unaccounted account The unaccounted account is mainly caused by the inconsistency between the time when the settlement voucher was received by the enterprise and the bank. For example, an enterprise entrusts a bank to collect money from a unit in a foreign country. After the bank receives the settlement voucher for the payment from the other party, the bank records the increase in the bank deposit of the business, and then passes the settlement voucher to the enterprise. Bank deposit on own account. During the period between the receipt of the settlement voucher by the bank and the receipt of the settlement voucher by the enterprise, an outstanding account is formed.