From: Dee Wilson (dwilson@pcc.edu)
Date: Wed Jul 25 2001 - 11:33:37 EDT
Janice,
We do a strata analysis and reserve based on historical collection results.
This year, for example, we reserved receivables aged at <90d at 1.5% and
90d+ at 30%.
At 08:15 AM 7/25/01 -0400, Janice Tiffany wrote:
>Last week, people answered their percentage of outstanding receivables at
>yearend compared to fiscal year revenues.
>
>What is a respectable Bad Debt Allowance level for student receivable
>balances?
>
>Janice
>
>Janice Tiffany
>Director of Accounting Services
>Graceland University
>641-784-5131
>641-784-5411 FAX
>tiffany@graceland.edu
This archive was generated by hypermail 2.1.4 : Fri May 17 2002 - 14:37:50 EDT