SETTLEMENT OFFER ON DISPUTED ACCOUNT BALANCE

In reference to our disputed account balance, we are willing to offer a compromising settlement in order to resume doing business together.
Your [SOURCE, ex. June, 1998 account statement], a copy of which is enclosed, indicates a balance due of $[AMOUNT]. As you know, we dispute this figure for the following reasons:
[LIST REASONS, ex.

o Per our verbal agreement of 4/5/98, all invoices paid within 10 days were to be subject to a 2% discount; the following invoices fall under this category:

    INVOICE #            AMOUNT        DISCOUNT

    2342342            1,000.00        20.00

    3234234            500.00            10.00

    2432342            250.00            5.00

    Total                            35.00

o Per our verbal agreement, we were to be exempt from restocking charges for returned items; your credit note #2323422 accrues a $50.00 restocking charge for items returned on invoice #2323423]
Without admitting any liability, we offer a compromise to settle our account in full by payment of $[AMOUNT]. Enclosed, please find our check #[CHECK NUMBER] in that amount, deposit of which on your part shall discharge the entire aforementioned claimed balance of $[AMOUNT].
Sincerely,