About 'writing off receivables'|...The AFI published this in 1972 to show off projects they’d done since formation... I have remain hypnotic. Lamparski should write a new (very thick) update about what these...

About 'writing off receivables'|...The AFI published this in 1972 to show off projects they’d done since formation... I have remain hypnotic. Lamparski should write a new (very thick) update about what these...

Ｗｈａｔ               ｉｓ               ｔｈｅ               Ｆａｉｒ               Ｄｅｂｔ               Ｃｏｌｌｅｃｔｉｏｎ               Ｐｒａｃｔｉｃｅｓ               Ａｃｔ? Ｉｎ               ｔｏｄａｙ'ｓ               ｅｃｏｎｏｍｙ               ｍｏｒｅ               ａｎｄ               ｍｏｒｅ               ｐｅｏｐｌｅ               ａｒｅ               ｂｅｉｎｇ               ｌａｉｄ               ｏｆｆ               ｏｒ               ｆｉｒｅｄ               ａｎｄ               ｔｈｉｓ               ｌｅａｄｓ               ｔｏ               ｍｏｒｅ               ａｎｄ               ｍｏｒｅ               ｐａｓｔ               ｄｕｅ               ｄｅｂｔｓ. Ｗｅ               ａｒｅ               ｓｅｅｉｎｇ               ｒｅｃｏｒｄ               ｌｅｖｅｌｓ               ｏｆ               ｃｈａｒｇｅ               ｏｆｆｓ               ｂｙ               ｂａｎｋ               ｉｎ               ｔｅｒｍｓ               ｏｆ               ｃｒｅｄｉｔ               ｃａｒｄ               ｒｅｃｅｉｖａｂｌｅｓ. Ｔｈｅ               ｌｅｖｅｌｓ               ｏｆ               ｆｏｒｅｃｌｏｓｕｒｅｓ               ａｒｅ               ｈｉｇｈｅｒ               ｔｈａｎ               ａｔ               ａｎｙ               ｔｉｍｅ               ｉｎ               ｔｈｅ               ｐａｓｔ. Ａｕｔｏｍｏｂｉｌｅ               ｌｏａｎ               ｄｅｌｉｎｑｕｅｎｃｉｅｓ               ａｒｅ               ａｔ               ｒｅｃｏｒｄ               ｌｅｖｅｌｓ               ａｓ               ｗｅｌｌ. Ｉｎ               ｆａｃｔ               ａｌｌ               ａｃｒｏｓｓ               ｔｈｅ               ｂｏａｒｄ               ｃｏｎｓｕｍｅｒｓ               ａｓ               ｆａｌｌｉｎｇ               ｐａｓｔ               ｄｕｅ               ｏｎ               ｃｒｅｄｉｔ               ｃａｒｄｓ,               ｍｏｒｔｇａｇｅ               ｐａｙｍｅｎｔｓ,               ｌｉｎｅｓ               ｏｆ               ｃｒｅｄｉｔｓ,               ａｕｔｏ               ｌｏａｎｓ,               ｄｅｐａｒｔｍｅｎｔ               ｓｔｏｒｅ               ｃｈａｒｇｅｓ               ａｓ               ｗｅｌｌ               ａｓ               ａｎｙ               ｏｔｈｅｒ               ｔｙｐｅ               ｏｆ               ｄｅｂｔ               ｙｏｕ               ｃａｎ               ｔｈｉｎｋ               ｏｆ.                Ｗｅｌｌ               ｈａｖｉｎｇ               ｓａｉｄ               ｔｈａｔ               ｔｈｅｒｅ               ｉｓ               ａ               ｃｅｒｔａｉｎ               ｃｌａｓｓ               ｏｆ               ｗｏｒｋｅｒｓ               ｔｈａｔ               ｉｓ               ｎｏｔ               ａｆｆｅｃｔｅｄ               ｂｙ               ｔｈｅ               ｅｃｏｎｏｍｙ               ａｎｄ               ｔｈａｔ               ｈａｐｐｅｎｓ               ｔｏ               ｂｅ               ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ. Ｔｈａｔ'ｓ               ｒｉｇｈｔ. Ｔｈｏｓｅ               ａｒｅ               ｔｈｅ               ｐｅｏｐｌｅ               ｃａｌｌｉｎｇ               ｙｏｕ               ｗｈｅｎ               ｙｏｕ               ｆａｌｌ               ｐａｓｔ               ｄｕｅ               ｏｎ               ｙｏｕｒ               ｄｅｂｔｓ. Ｙｏｕ               ｗｉｌｌ               ｐｒｏｂａｂｌｙ               ｒｅｃｅｉｖｅ               ｓｏｍｅ               ｒｅｍｉｎｄｅｒ               ｃａｌｌｓ               ａｎｄ               ｄｅｐｅｎｄｉｎｇ               ｏｎ               ｔｈｅ               ｓｅｖｅｒｉｔｙ               ｏｆ               ｙｏｕｒ               ｄｅｌｉｎｑｕｅｎｃｙ               ｙｏｕ               ｃｏｕｌｄ               ａｌｓｏ               ｒｅｃｅｉｖｅ               ｓｏｍｅ               ｎｏｔ               ｓｏ               ｎｉｃｅ               ｌｅｔｔｅｒｓ               ａｓｋｉｎｇ               ｙｏｕ               ｔｏ               ｐａｙ               ｏｒ               ｍａｋｅ               ｃｏｎｔａｃｔ               ｗｉｔｈ               ｔｈｅ               ｃｒｅｄｉｔｏｒ               ｓｏ               ｔｈａｔ               ａｒｒａｎｇｅｍｅｎｔｓ               ｃａｎ               ｂｅ               ｍａｄｅ.                Ｉｎ               ｔｏｄａｙ'ｓ               ｅｃｏｎｏｍｙ               ｙｏｕ               ａｒｅ               ｇｏｉｎｇ               ｔｏ               ｆｉｎｄ               ｔｈａｔ               ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ               ａｒｅ               ｍｏｒｅ               ｗｉｌｌｉｎｇ               ｔｏ               ｗｏｒｋ               ｗｉｔｈ               ｙｏｕ               ｂｅｃａｕｓｅ               ｍｏｓｔ               ｃｏｍｐａｎｉｅｓ               ｄｏ               ｎｏｔ               ｗａｎｔ               ｔｏ               ｓｅｅ               ｍｏｒｅ               ｏｆ               ｔｈｅｉｒ               ｒｅｃｅｉｖａｂｌｅｓ               ｂｅｉｎｇ               ｃｈａｒｇｅｄ               ｏｆｆ               ｔｏ               ｂａｄ               ｄｅｂｔ. Ｍｏｓｔ               ｗｉｌｌ               ｅｖｅｎ               ｓｅｔｔｌｅ               ｗｉｔｈ               ｙｏｕ               ｆｏｒ               ｐｅｎｎｉｅｓ               ｏｎ               ｔｈｅ               ｄｏｌｌａｒ.                Ｔｈｅｒｅ               ｗａｓ               ａ               ｔｉｍｅ               ｉｎ               ｔｈｅ               ｐａｓｔ               ｗｈｅｎ               ｔｈｉｓ               ｗａｓ               ｎｏｔ               ｔｈｅ               ｓｔａｔｕｓ               ｑｕｏ. Ｉｎ               ｔｉｍｅｓ               ｐａｓｔ               ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ               ｗｏｕｌｄ               ｃａｌｌ               ａｎｄ               ｍａｋｅ               ｔｈｒｅａｔｓ               ａｎｄ               ｄｅｍａｎｄｓ               ｉｎ               ｏｒｄｅｒ               ｔｏ               ｇｅｔ               ｙｏｕ               ｔｏ               ｐａｙ               ａ               ｐａｓｔ               ｄｕｅ               ｄｅｂｔ. Ｓｏｍｅ               ｔｈｒｅａｔｅｎｅｄ               ｙｏｕ               ｗｉｔｈ               ｂｏｄｉｌｙ               ｈａｒｍ               ｗｈｉｌｅ               ｏｔｈｅｒｓ               ｃｌａｉｍｅｄ               ｙｏｕ               ｗｏｕｌｄ               ｈａｖｅ               ｔｏ               ｓｐｅｎｄ               ｓｏｍｅ               ｔｉｍｅ               ｉｎ               ｊａｉｌ               ｆｏｒ               ｎｏｔ               ｐａｙｉｎｇ               ｙｏｕｒ               ｄｅｂｔｓ. Ｉｎ               ｏｔｈｅｒ               ｃａｓｅｓ               ｙｏｕ               ｗｏｕｌｄ               ｒｅｃｅｉｖｅ               ｐｈｏｎｅ               ｃａｌｌｓ               ａｔ               ａｌｌ               ｔｉｍｅｓ               ｏｆ               ｔｈｅ               ｎｉｇｈｔ               ｉｎｃｌｕｄｉｎｇ               ｖｉｓｉｔａｔｉｏｎｓ               ｔｏ               ｙｏｕｒ               ｆｒｏｎｔ               ｄｏｏｒ. Ｂａｓｉｃａｌｌｙ               ａｎｙｔｈｉｎｇ               ｗａｓ               ａｃｃｅｐｔａｂｌｅ               ｗｈｅｎ               ｉｔ               ｃａｍｅ               ｔｉｍｅ               ｔｏ               ｃｏｌｌｅｃｔ               ａ               ｄｅｂｔ.                Ｗｅｌｌ               ｂｅｃａｕｓｅ               ｏｆ               ｔｈｉｓ               ｏｕｔｒａｇｅｏｕｓ               ｂｅｈａｖｉｏｒ               ｔｈｅ               ｇｏｖｅｒｎｍｅｎｔ               ｅｎａｃｔｅｄ               ａ               ｐｒｏｇｒａｍ               ｃａｌｌｅｄ               ｔｈｅ               ｆａｉｒ               ｄｅｂｔ               ｃｏｌｌｅｃｔｉｏｎ               ｐｒａｃｔｉｃｅｓ               ａｃｔ               ｗｈｉｃｈ               ｂａｓｉｃａｌｌｙ               ｇｏｖｅｒｎｓ               ｔｈｅ               ａｃｔｉｖｉｔｉｅｓ               ｏｆ               ｔｈｉｒｄ               ｐａｒｔｙ               ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ.                Ｔｈｅｒｅ               ａｒｅ               ｓｏｍｅ               ｔｈｉｎｇｓ               ｔｈａｔ               ｔｈｅｙ               ｃａｎｎｏｔ               ｄｏ               ｓｕｃｈ               ａｓ               ｔｈｅ               ｆｏｌｌｏｗｉｎｇ:                Ｃａｌｌｉｎｇ               ｈｏｕｒｓ:                Ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ               ａｒｅ               ｒｅｑｕｉｒｅｄ               ｔｏ               ｃａｌｌ               ｙｏｕ               ｂｅｔｗｅｅｎ               ｔｈｅ               ｔｉｍｅｓ               ｏｆ               8:00               ａｍ               ｕｎｔｉｌ               9:00               ｐｍ               ｅａｓｔｅｒｎ               ｓｔａｎｄａｒｄ               ｔｉｍｅ. Ｔｈｉｓ               ｅｎｓｕｒｅｓ               ｔｈａｔ               ｙｏｕ               ｄｏｎ'ｔ               ｒｅｃｅｉｖｅ               ｃａｌｌｓ               ａｔ               10:00               ｐｍ               ｏｒ               ａｔ               7:00               ａｍ               ｉｎ               ｔｈｅ               ｅａｒｌｙ               ａｍ                Ｃａｌｌｉｎｇ               ｙｏｕｒ               Ｊｏｂ:                Ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ               ｃａｎｎｏｔ               ｃａｌｌ               ｙｏｕｒ               ｊｏｂ               ｉｆ               ｙｏｕ               ｒｅｑｕｅｓｔ               ｔｈａｔ               ｔｈｅｙ               ｄｏ               ｎｏｔ. Ｈｏｗｅｖｅｒ               ｉｔ               ｉｓ               ａｌｗａｙｓ               ｂｅｓｔ               ｔｏ               ｐｕｔ               ｓｕｃｈ               ａ               ｒｅｑｕｅｓｔ               ｉｎ               ｗｒｉｔｉｎｇ.                Ｔｈｒｅａｔｓ:                Ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ               ｃａｎｎｏｔ               ｍａｋｅ               ａ               ｔｈｒｅａｔ               ｔｈａｔ               ｔｈｅｙ               ｄｏ               ｎｏｔ               ｉｎｔｅｎｄ               ｔｏ               ｃａｒｒｙ               ｏｕｔ.                Ｆｒｉｅｎｄｓ               ａｎｄ               ｎｅｉｇｈｂｏｒｓ:                Ｉｎ               ｔｈｅ               ｐａｓｔ               ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ               ｗｏｕｌｄ               ｃａｌｌ               ｙｏｕｒ               ｆｒｉｅｎｄｓ,               ｒｅｌａｔｉｖｅｓ,               ａｎｄ               ｒｅｆｅｒｅｎｃｅｓ               ａｎｄ               ｄｉｓｃｌｏｓｅ               ｙｏｕｒ               ｉｎｆｏｒｍａｔｉｏｎ               ｔｏ               ｔｈｅｍ               ｐｒｉｍａｒｉｌｙ               ｔｈｅ               ｆａｃｔ               ｔｈａｔ               ｙｏｕ               ａｒｅ               ｐａｓｔ               ｄｕｅ               ｏｎ               ｙｏｕｒ               ｄｅｂｔｓ. Ｔｈｅｙ               ｗｏｕｌｄ               ｕｓｅ               ｔｈｉｓ               ａｓ               ａ               ｌｅｖｅｒａｇｅ               ｔｏ               ｇｅｔ               ｙｏｕ               ｔｏ               ｐａｙ. Ｗｅｌｌ               ｔｏｄａｙ               ｔｈｅｙ               ｃａｎ               ｃａｌｌ               ｙｏｕｒ               ｆｒｉｅｎｄｓ               ａｎｄ               ｒｅｌａｔｉｖｅｓ               ａｎｄ               ｌｅａｖｅ               ａ               ｍｅｓｓａｇｅ               ｂｕｔ               ｔｈｅｙ               ｃａｎｎｏｔ               ｄｉｓｃｌｏｓｅ               ｔｈｅ               ｎａｔｕｒｅ               ｏｆ               ｔｈｅ               ｃａｌｌ.                Ｄｅｃｅｐｔｉｖｅ               ｐｒａｃｔｉｃｅｓ:                Ｄｅｂｔ               ｃｏｌｌｅｃｔｏｒｓ               ｃａｎｎｏｔ               ｕｓｅ               ａｎｙ               ｔｙｐｅ               ｏｆ               ｄｅｃｅｐｔｉｖｅ               ｍａｎｎｅｒ               ｉｎ               ｏｒｄｅｒ               ｔｏ               ｇｅｔ               ｙｏｕ               ｔｏ               ｐａｙ               ｙｏｕｒ               ｄｅｂｔ.                Ｊａｉｌ               ｔｉｍｅ:                Ｔｈｅｙ               ｃａｎｎｏｔ               ｔｈｒｅａｔｅｎ               ｙｏｕ               ｗｉｔｈ               ｊａｉｌ               ｔｉｍｅ.                Ｉｆ               ａ               ｃｏｌｌｅｃｔｉｏｎ               ａｇｅｎｃｙ               ｃａｌｌｓ               ｙｏｕ               ｔｈｅｙ               ｍｕｓｔ               ｓｔａｔｅ               ｔｈａｔ               ｔｈｅ               ｐｕｒｐｏｓｅ               ｏｆ               ｔｈｅ               ｃａｌｌ               ｉｓ               ｔｏ               ｃｏｌｌｅｃｔ               ａ               ｄｅｂｔ               ａｎｄ               ａｎｙ               ｉｎｆｏｒｍａｔｉｏｎ               ｒｅｃｅｉｖｅｄ               ｆｒｏｍ               ｙｏｕ               ｗｉｌｌ               ｂｅ               ｕｓｅｄ               ｆｏｒ               ｔｈａｔ               ｐｕｒｐｏｓｅ.

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8. Oracle Receivables Accounting – Overview

   knoworacle.wordpress.com/   05/04/2009

   ...by running the Journal Entries Report. Write-off the invoice balance:DR : Cost of Doing Business (Receivables Activity – may override) CR : AR (from the invoice) Loss...

9. Accounting For Oracle Receivables

   asoracle.blogspot.com/   11/15/2007

   ...Receivables Activity - may override) CR : AR (from the invoice) Write-off the invoice balance: DR : Cost of Doing Business (Receivables Activity - may override) CR : AR (from the invoice) You...

10. The Trade Receivables In MaeMode

    whereiszemoola.blogspot.com/   04/25/2008

    ...issue becomes doubtful, they will have to be written off and given the current size of the receivables, if and when this happen, the losses should...

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