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Provision for doubtful debts calculator will be useful when...

Publication date: 2012-12-28 19:08:39

You wish to check if the policy recognizing provision for doubtful debts is reasonable;
You need to calculate a provision for bad debts in a very short time;
You have to compute doubtful debts provision and you have not much more than a debtors aging report;
You wish to check if your computation of allowance for doubtful accounts does not contain material errors;
You are an auditor looking for a clever tool to audit bad debt expense or quickly ensure the provisioning policy is reasonable.

Provision for doubtful debts calculator

Regards,
Slawomir Ekman
24iValue

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24iValue system imitates the process of thinking and action of a "conventional" valuation or accounting expert, and together with the user it solves the accounting or reporting problem.

For example: valuation of financial instruments, market valuation of certain assets, corporation income tax, deferred taxes, cash flow statement, finance lease accounting and establishes provisions for liabilities (including provision for retirement bonus) or provisions on assets inventories, accounts receivable, and fixed assets.

With 24iValue, you can minimise the risk of material errors and improve the quality of financial reporting and corporation tax.

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