Accounts Receivable Percentage of Net Sales Method

Almost invariably, if you have sales that are not based on cash, credit card, or debit sales, you will most likely experience uncollectable sales receipts.  Generally, this can vary from business to business and most will use a 2% estimate of the Net Sales amount as an outstanding and uncollectable accounts receivable amount.
Have more questions? Submit a request


Please sign in to leave a comment.
Powered by Zendesk