Regarding bad debt what is the easy way for accounts keep provision for the old bad debt or take approval to set it off against old provision ?

Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Next Question:
If the provision for doubtful debts is not created, which of the following entry...
Posted by:
Shazia Anees
19-May-2015

Accounts Receivable

Question ajoutée par Mundir Madathil , SENIOR ACCOUNTANT , ARABIAN PIPE LINES -ANABEEB SERVICES
Date de publication: 2016/03/21

Apprécier (0) Vues (4) Suiveurs (1) Réponses (1) Report Question

Ajoutez Une Réponse
Inscrivez-vous ou connectez-vous pour répondre.

1 Réponses

par Puran Rawat , Junior Account Manager , IFFCO GROUP

try to be provision first if the matter is very old then need to be aprroval of set off for the same.

Déprécier Réponses () Rapport

Recherches Populaires

Offres d'Emploi Technicien Offres d'Emploi Ingénieur Offres d'Emploi Vendeur Offres d'Emploi Comptable Offres d'Emploi Informaticien

Ecrivez Votre Réponse

More Questions Like This

Whats the difference between loss and bad debts in accounts?
Top Answer: Loss is in business that is in totality means total expenses exceeds total income . In particular Bad Deb ... Voir Plus

Réponses (11)
Jv asper ifrs for below trnsc? Receivables 220k, took full bad debts provision for 220k ,then customer agreed to pay only 100k but as final settle.
Top Answer: 1)- Following is going on the assumption that you have not written off your receivables and have just r ... Voir Plus

Réponses (2)
Proper authorization of write-offs of uncollectible accounts should be approved in which of the following departments?
Top Answer: The treasurer does not perform duties that are incompatible with authorizing write-offs since he/she is u ... Voir Plus

Réponses (1)
New Accounts Manager Joined,never set with you to see the work process. in closing time, The Manager told you, you are not professional Accountant.
Top Answer: The manager thinks you have no idea of periodic closing. AR and AP are two most important elements of bus ... Voir Plus

Réponses (2)

Avez-vous besoin d'aide pour créer un CV ayant les mots-clés recherchés par les employeurs?

Obtenir de l'aide