good evening guys,
I recently closed a deal worth #4m for my company.The real cost of the product I sold to the customer is 3.5m.I added a little mark up to make it 4m. my customer wants to issue the cheque in my coys name.I know I won't get my 500k back once the money gets to my company.
please what do I do to get my money back .can the cheque be issued in my name?.
N/B I operate a savings account.

donc26:
good evening guys,
I recently closed a deal worth #4m for my company.The real cost of the product I sold to the customer is 3.5m.I added a little mark up to make it 4m. my customer wants to issue the cheque in my coys name.I know I won't get my 500k back once the money gets to my company.
please what do I do to get my money back .can the cheque be issued in my name?.
N/B I operate a savings account.

sure you can collect the cheque issued in your name.


But this are the following issues..
1. Receipt to acknowledge payment by the client to your company what is going to be the amount mentioned.
2. How do you balance up the difference of 500k between your company and the client.
3. It's fraudulent to receive a different figure from a client , then pay a different figure to the company. You may cover up all the loophole, but if anything happens in the Future regarding that transaction. You're in a big trouble.
4. Don't put your job on the line... No job outside ooooooh.




(Way forward.).
You have to carry your company along with the transaction at most get some amount from the 500k instead of loosing out totally..


Hope this Helped.