allowance for collection cost

简明释义

帐款收取费备抵

英英释义

例句

1.To maintain cash flow, businesses often create an allowance for collection cost as part of their budgeting process.

为了维持现金流，企业通常在预算过程中创建一个收款成本准备金。

2.A higher allowance for collection cost can indicate a cautious approach towards accounts receivable.

较高的收款成本准备金可能表明对应收账款采取谨慎态度。

3.The accountant recommended increasing the allowance for collection cost due to rising bad debts.

会计建议由于坏账增加，应提高收款成本准备金。

4.In their financial report, they included an allowance for collection cost to ensure accurate forecasting.

在他们的财务报告中，包含了一个收款成本准备金以确保准确的预测。

5.The company sets aside an allowance for collection cost to cover potential expenses related to collecting overdue invoices.

公司预留了一个收款成本准备金以支付与催收逾期发票相关的潜在费用。

作文

In the world of finance and accounting, various terms and concepts play a crucial role in understanding the overall financial health of an organization. One such term is allowance for collection cost, which refers to the estimated amount that a company sets aside to cover the costs associated with collecting outstanding debts or receivables. This concept is particularly important for businesses that extend credit to their customers, as it helps them manage their cash flow more effectively and prepare for potential losses due to uncollectible accounts.When a company sells products or services on credit, it essentially allows customers to pay at a later date. While this can increase sales and customer satisfaction, it also introduces the risk of non-payment. To mitigate this risk, companies often create an allowance for collection cost as part of their financial planning. This allowance is an estimate of the expected costs that will be incurred in the collection process, including legal fees, collection agency costs, and other related expenses.The establishment of an allowance for collection cost is not only a prudent financial practice but also a requirement under generally accepted accounting principles (GAAP). According to GAAP, businesses must recognize the potential losses they may face from uncollectible accounts. By creating this allowance, companies can more accurately reflect their financial position on their balance sheets, ensuring that investors and stakeholders have a clear understanding of the company's true value.Additionally, the allowance for collection cost plays a significant role in the income statement. When a business estimates its uncollectible accounts, it records an expense equal to the estimated amount in the same period that the revenue was recognized. This matching principle ensures that revenues and expenses are aligned, providing a more accurate representation of the company's profitability.Moreover, the process of determining the allowance for collection cost involves analyzing historical data, industry trends, and the overall economic environment. Companies often look at their past collection rates and any changes in customer payment behavior to make informed estimates. For instance, during an economic downturn, businesses may notice an increase in late payments or defaults, prompting them to adjust their allowance accordingly.In conclusion, the allowance for collection cost is an essential aspect of financial management for companies that offer credit. By setting aside funds to cover potential collection costs, businesses can protect themselves from unexpected losses and ensure a more accurate depiction of their financial health. Understanding this concept not only aids in effective cash flow management but also enhances transparency and trust among stakeholders. As the business landscape continues to evolve, maintaining a robust allowance for collection cost will remain a critical component of sound financial practices.

在金融和会计的世界中，各种术语和概念在理解组织的整体财务健康状况方面发挥着至关重要的作用。其中一个术语是应收账款收回成本准备金，它指的是公司为覆盖与收回未偿债务或应收款项相关的成本而预留的估计金额。这个概念对于向客户提供信用的企业尤其重要，因为它帮助他们更有效地管理现金流并为可能由于无法收回的账户造成的损失做好准备。当一家公司以信用方式销售产品或服务时，它实际上允许客户在稍后的日期付款。虽然这可以增加销售额和客户满意度，但它也引入了不付款的风险。为了减轻这种风险，公司通常会在其财务规划中创建应收账款收回成本准备金。这个准备金是对收款过程中将产生的预期成本的估计，包括法律费用、催收机构费用和其他相关费用。建立应收账款收回成本准备金不仅是一种谨慎的财务做法，而且是根据公认会计原则（GAAP）的要求。根据GAAP，企业必须确认他们可能面临的无法收回账户的潜在损失。通过创建这个准备金，公司可以更准确地在资产负债表上反映其财务状况，确保投资者和利益相关者清楚了解公司的真实价值。此外，应收账款收回成本准备金在损益表中也发挥着重要作用。当企业估计其无法收回的账户时，它会在收入确认的同一期间记录等于估计金额的费用。这一匹配原则确保了收入和费用的一致性，从而提供了公司盈利能力的更准确表现。此外，确定应收账款收回成本准备金的过程涉及分析历史数据、行业趋势和整体经济环境。企业通常会查看其过去的收款率以及客户付款行为的任何变化，以做出明智的估计。例如，在经济衰退期间，企业可能会注意到逾期付款或违约的增加，从而促使他们相应调整其准备金。总之，应收账款收回成本准备金是提供信用的公司财务管理的重要方面。通过预留资金以覆盖潜在的收款成本，企业可以保护自己免受意外损失，并确保其财务健康状况的更准确描述。理解这一概念不仅有助于有效的现金流管理，还增强了利益相关者之间的透明度和信任。随着商业环境的不断发展，保持强大的应收账款收回成本准备金将始终是健全财务实践的关键组成部分。