Objective:
To establish a formal routine assessment of the adequacy of the provision for doubtful debts
“…each Controller is responsible for establishing a realistic basis for calculating a monthly provision. The preferred solution is a percentage of total credit sales based upon prior years’ experience…”
Includes:
– SAMPLE REPORT (PROVISION FOR DOUBTFUL DEBTS)
Details:
Department : Finance
File Size: 23 KB
File Format: Word
Print Length: 03 pages
Document Type: SOP
Content: Intermediate
Language: English
Editable: Yes