Definition: In accounting, "overspilled" refers to a situation where an individual or organization has made a mistake in reporting expenses or income that was not recorded correctly. This can happen when there is a clerical error, a misinterpretation of financial records, or even if there is a lack of proper documentation for the expenses. In such cases, it may be necessary to correct the overspilled amounts and adjust the accounts so that they reflect the true figures. This can involve reconciliation processes,
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