Glossary entry

English term or phrase:

customer collectibility

Polish translation:

ściągalność należności od klientów

Added to glossary by Frank Szmulowicz, Ph. D.
Sep 7, 2020 11:08
3 yrs ago
11 viewers *
English term

customer collectibility

English to Polish Bus/Financial Finance (general) sprawozdanie zarządu
Valuation risk of the assets and liabilities of the consolidated balance sheet: a change in the future estimates of the provision of services, operating expenses, financial costs, customer collectibility, etc. The Company could have a negative impact on the book value of certain assets (non-current assets, goodwill, tax credits, customers, etc.) as well as the need to record certain provisions or other types of liabilities. As soon as enough and reliable information is available, the appropriate analyzes and calculations will be carried out to allow the revaluation of the value of these consolidated assets and liabilities.
Change log

Sep 21, 2020 11:16: Frank Szmulowicz, Ph. D. Created KOG entry

Discussion

mike23 Sep 7, 2020:
Customer Collectability: As a result of the COVID-19 crisis, some customers may encounter financial difficulties and become incapable of making timely payments for the remaining promised goods or services purchased under a contract. Even if customer collectability was deemed probable at contract inception, a significant change in facts and circumstances would require the Company to reassess the probability of collectability to determine if the contract remains under the scope of ASC 606.
https://becpas.com/accounting-reporting-considerations-durin...

Proposed translations

+2
8 mins
Selected

ściągalność należności od klientów

Before you go to Chicago credit repair company service, you need to know the category of credit. Credit scores are divided into several levels of customer collectibility. The customer’s collectibility is based on credit payments from customers. At present, the credit score is divided into five categories, including:
https://www.eas-accredit.com/know-your-level-to-know-when-yo...
Peer comment(s):

agree mike23
1 hr
Dziękuję Michale i pozdrawiam serdecznie.
agree Beata Claridge
11 hrs
Dziękuję Bubz. Pozdrawiam.
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
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