03.01.2009 Unclaimed Property Is More Than Just The “Lost And Found”
03. 2009You are wrong if you think that unclaimed property (sometimes called abandoned property) is nothing more than umbrellas or cell phones in the lost and found bin or life insurance policies whose beneficiaries cannot be found. Unclaimed property can reside on your company’s books and records in dozens of accounts, from old checks in your cash reconciliation, to credit balances in your customer accounts receivable.
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