Delivery Challan
A document recording that goods were dispatched to a customer, typically referenced alongside the invoice and the e-way bill as evidence of when control of goods actually transferred.
Related terms
- Debt Service Coverage Ratio (DSCR)
A ratio measuring a company's ability to service its debt obligations from operating cash flow — frequently a loan covenant a lender monitors.
- Debtors Confirmation
A direct request to a customer to confirm their outstanding balance, used as external evidence for receivables.
- Deposit in Transit
A deposit recorded in the company's books before the bank has processed and reflected it on the statement — the mirror image of an outstanding cheque.
- Detection Risk
The risk that the procedures performed by the auditor will not detect a misstatement that exists and could be material.
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