Request Letter Format for Release of Retention Money

Sometimes for some projects, a certain amount of money is retained and it is only released once the project is completed. If you are also in a same situation and you want to have your retention money released then you must write a formal request letter for retention payment. If the company has failed to release the payment for some reason then request letter for retention money release works as a reminder.

This post includes a request letter format for release of retention money. You can use the sample letter requesting release of retention letter in order to create a customized letter that can solve you purpose and help you in releasing of the retention amount.

Sample Letter Requesting Release of Retention Money

From:

Richard Jacob

Manager

Zenith Technologies

New York

Date: November 08, 2021

To,

Andrew Gibbs

Manager

New Age Bank

New York

Sub: Regarding release of retention money

Dear Sir,

I am writing this letter with reference to the contract no. 1234 related to “Mobile Application Development”. We would like to inform you that the project has been completed.

The purpose of writing this letter is to request you for releasing the retention money that was paid against the order no. 1155 as now the project stands complete and has been handed over to the institution. The total retention amount due to be released is $ 50,000.

We, therefore, request you to please have the above mention retention money released at the earliest. We will make sure that we continue to offer our services without any delays or discrepancies.

Thanking in anticipation.

Regards,

Richard Jacob

Manager

Zenith Technologies

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Apology Letter for Accounting Errors and Past Due Notice Template

It just so happens that despite a client has made a timely payment, the computerized system or due to human error, the due notice has been sent. In such a scenario, it is very important to write an apology letter for accounting error. You can use the letter templates available online in order to apologize for the mistake in a written letter.

This post includes Apology for Accounting Errors and Past Due Notice Template. You can use the sample Apology for Accounting Errors and Past Due Notice for creating a formal customized letter that rightly fits in your situation.

Sample Apology Letter for Accounting Errors and Past Due Notice

From:

Richard Jacob

Manager

Zenith Technologies

New York

Date: November 03, 2021

To,

Andrew Gibbs

Manager

New Age Bank

New York

Dear Mr. Andrew,

We are writing this letter to apologize you for the due notice that has been sent to you, despite making the payments before the last date. We would to highlight that it was because of some system error that you were receiving such messages that were demanding clearing of payments for the financial year 2020-21.

We have checked it at our end and found out that by mistake your company’s name has been put under the defaulters list as there is another company with almost the same name because of which such an error has occurred. And that’s the reason that you were getting payment due messages and that other company was not get intimated about the dues that need to be cleared.

We are extremely thankful that you brought to our notice this error which helped us message the defaulter company and make the required corrections in our system. Please accept our apologies for the reason such kind of an error occurred at our end. We are extremely sorry for all the trouble it caused you. We assure that such a thing will not happen in the future and we will take extra clear to make sure that no inconvenience is caused to you. We have a long association with you and you are an extremely important customer to us.

Thanking you for your patience and understanding.

Regards,

Richard Jacob

Manager

Zenith Technologies

Click here to Download Apology for Accounting Errors and Past Due Notice Template in word Format

 

Apology Letter by Employee to Accounts Department – Sample Format

Sometimes it happens that end up making mistakes and if there is a mistake that has happened at work and it involves Accounts department then you must write an Apology Letter to Accounts Department in order to submit a written apology. Make sure that while following the apology letter format or example, you briefly mention the mistake that happened along with the reason which led to it in order to bring clarity in the situation.

This post includes the sample Apology Letter by Employee to Accounts Department. You can use this Apology Letter Template to Accounts Department for creating a personalized letter.

Sample Apology Letter to Employee for Accounts Department

From:

Bob Smith

54, Richmond Street

California

Date: October 30, 2021

To,

Mr. Zen Reynolds

Accounts Manager

Zenith Technologies

California

Sub: Apology letter for accounting mistake

Dear Mr. Zen,

I, Bob Smith, employee ID 5487, am working as Marketing Executive in your esteem organization. I am writing this letter to submit my sincere apologies for the error that has occurred in the bills that I had submitted.

As per the bills, I am entitled for a reimbursement of $128 for the tour to New York city in the month of September 2021 but by mistake, the amount that has been submitted in the papers is $218. I would like to mention that this is because of the typing error that the digits got swapped and the wrong figure got submitted.

I have attached the revised form for reimbursement with the letter. I will make sure that such kind of mistake does not get repeated as I will be double checking any document submitted for reimbursement to the department.

I hope you will understand the situation and will have the request processed. I apologize for the trouble caused to you.

Thanking you for your patience and consideration.

Regards,

Bob Smith

Click here to Download Apology Letter by Employee to Accounts Department

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Cash Flow Statement Excel Template Free Download

For a business to function conveniently, it is imperative to know the cash inflow and by using a cash flow statement, a quick look at the flow and status of the cash can be taken. The cash flow statement Excel template makes a convenient tool to monitor the flow of cash in and out of your company. By using cash flow statement template, you can have detailed information about flow of cash from different financial, operational and investing. By using cash flow statement template for Excel format, you can create one of the most important financial statements for any company. The cash flow statement format in Excel in India makes an essential document to have in order to conveniently design other documents for accounting.

Check here to Download Cash Flow Statement Format in Excel

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