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Hi
A single Value adjustment key can be configured wherein the rate of
provision ( as a percentage ) can be defined differently for overdues based
on age ( such as 5% for overdues above 90 days, 8 % for overdues above 120
days of age etc.)
Regards
VidhyaDhar
| | | ---------------Original Message---------------
From: cpved
Sent: Friday, February 18, 2011 5:13 AM
Subject: Bad debt provision proposal
Thanks for your responses (all you Gurus!), Besides the person who raised the question on the forum, I am also finding this very useful.
However, how does this work if the Company has a policy to determine slab based provision policy - as in 10% for any invoice that falls in 0 to 30 overdue bucket; 15% for 31 to 90 days overdue bucket and so on). Do we have to follow any different steps?
Rgds,
C P Ved |
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