About this document
Direct Write-off Procedures for AR by Selenge Daaduu is a document available to read on EtoBox.
The document provides guidelines for Indiana University departments on accounting for uncollectible non-student accounts receivable. It outlines two methods: the direct write-off method for departments with average receivables under $500,000, and the allowance method for larger balances. The direct method writes off invoices directly to expense, while the allowance method establishes a contra-asset account to estimate uncollectibles. The procedures describe how to record write-offs in the university
- Author
- Selenge Daaduu
- Language
- EN