What are the parameters of the Auto-Invoice Program?

aruna vishnubhotla

• Oct 17th, 2013

The batch source name, date, operating unit name

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What is the difference between unearned revenue and unbilled receivables?

kirti

• Apr 11th, 2015

Unearned revenue refers to amounts received prior to being earned.
Unrecorded revenue with revenues that were earned, but not yet recorded in a company's accounting records

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A business sells products for $ 50000 on credit
25% of the balance is received cash and 10 by cheques
5% of the balance has become irrecoverable and write off
A provision of 5% is made for the remaining balance in year one and 3% in year 2 where the balance remain unchanged. Pass Journal Entry for this Scenario

Raemsh

• Apr 30th, 2017

Particular Dr Cr Customer A/C 500,000.00 To Sale A/C 500,000.00 Cash A/C 125,000.00 To Customer A/C 125,000.00 Bank Account 50,000.00 To Customer A/C 50,000.00 ...

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What is an A/R account that will never be paid considered to be?

rashmi

• Jul 29th, 2011

Considered as bad debt and should be written off after the set time

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