P35: Is It a Fee Receipt?

Is a P35 a receipt for fees paid?

Understanding P35 and Z96 Documentation

When dealing with financial records, it's important to understand the different types of documentation available. Two common forms are the P35 and Z96, each serving distinct purposes in fee management.

What is a P35?

A P35 is not a receipt for fees paid; instead, it signifies the removal of fees from a record. This document is typically used in situations where charges have been adjusted or waived after they were initially posted. Understanding that a P35 indicates an alteration rather than confirmation of payment can help prevent confusion when reviewing financial statements.

The Role of Z96

If you require documentation related to miscellaneous fee postings, look for a Z96. The Z96 serves as a printed receipt specifically designed for various charges incurred. Unlike the P35, which reflects changes to existing records, the Z96 provides clear evidence of transactions involving additional fees.

Key Differences Between P35 and Z96

  • P35: Indicates removal or adjustment of fees on your account.
  • Z96: Acts as proof of miscellaneous fee postings and payments made.

Conclusion

This understanding helps ensure clarity when managing financial documents. Always refer to these specific forms based on your needs: use the P35 for adjustments and removals while opting for the Z96 when needing receipts for any additional charges incurred.

If you have further questions about these documents or need assistance with your accounts, don’t hesitate to reach out to our support team!