USA Accounting for Fuel Delivery Shortages


Samir

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After reconciling fuel deliveries with the actual inventory reports from our tank monitoring system, I've noticed regular discrepancies that amount to +/- $100 each week. I have brought this issue up with our fuel distributor, but they have not done anything as of yet.

What would be the best way to account for these discrepancies? There's a chance we might get back our money, but I'm betting we won't.

One method I was thinking to use was an ar account that I'd write off at the end of each year, but that may not be the best for our balance sheet.

Thoughts?
 
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