USA Allowance for Doubtful Accounts


Joined
Oct 31, 2019
Messages
4
Reaction score
0
Country
United States
My company has only been around 2 years and we just implemented an allowance for doubtful accounts 2 months ago. The dollar amount that was used was intended to cover all of 2019 but the funds have already been drained. My question is, do we "refill" the allowance now or wait until next year and "refill" for a higher amount?
 
Ad

Advertisements

kirby

VIP Member
Joined
May 12, 2011
Messages
1,950
Reaction score
268
Country
United States
Use whatever method you use to estimate the correct size of the allowance and “refill” (record the provision) now.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top