- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Reports & Accounting
""Allowance for Doubtful Receivables" must be based on specifically identified customers & invoices"
whether it's an allowance or not, an expense is created, which reduces your taxable income- so why would the tax people be concerned with where the credit goes - direct to AR or to an allowance?
whether it's an allowance or not, an expense is created, which reduces your taxable income- so why would the tax people be concerned with where the credit goes - direct to AR or to an allowance?