Direct write-off method

Definition:

A procedure in which an uncollectible account is removed from the accounts receivable subsidiary ledger and the controlling account in the general ledger when a business determines that the amount owed is not going to be paid.

Related terms:

Parent company

Useful articles:

»	Send Eye-Catching HTML Web Pages by Email
»	Are You a Value-Able Sales Rep
»	Following Up Lost Business
»	Decision Making For Nonprofit Boards

Loan reduction

It will help you work out how quickly you can pay off a loan if you increase your monthly repayments

Lease

This calculator is designed to help you work out monthly lease repayments

Capital gain

Money gurus are always preaching long-term investing - generally it is much lower than regular

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Marketing

What You Should Know When Selling to the Opposite Gender

You have probably heard it said that women and men "don't speak the same language." There is a growing awareness of these differences by both sexes, and the gender gap is being bridged in... [ more... ]

Time Management

Are You A Workaholic?

Justin, a thirty-five year old executive at a high-pressure investment firm works 60-70 hours per week. Even on vacation, he often slips away from the rest of the family to go on-line, check messag... [ more... ]

Marketing

Inquires Become Sales: Are You Getting Your Share?

As a sales and marketing consultant who specializes in sales leads, I’ve had the opportunity to personally review dozens of research studies about inquiries or sales leads. All the research ... [ more... ]

Term: Accounting -> Direct write-off method