Provision for Doubtful Accounts (SF.BS.ProvisionForDoubtfulAccounts) refers to provisions made for doubtful accounts receivable. Provision for doubtful accounts is generally established on the basis of maturities of receivables and the company’s experience on collecting such receivables.
Since this is an asset account, Provision for Doubtful Accounts (SF.BS.ProvisionForDoubtfulAccounts) is established as a contra account to receivables and showed as a negative figure.

Provision for Doubtful Accounts (SF.BS.ProvisionForDoubtfulAccounts) includes:

• Provision for the current portion of long-term receivables (other than trade receivables)

Provision for Doubtful Accounts (SF.BS.ProvisionForDoubtfulAccounts) does not include:

• Provision for notes receivable (classified as Notes Receivable – Short-Term (SF.BS.NotesReceivable_ST))
• Provision for receivables other than trade receivables (classified as Receivables – Other (SF.BS.Receivables_Other))
• Provision for unbilled utility revenues (classified as Unbilled Utility Revenue (SF.BS.UnbilledUtilityRevenues))
• Provision for receivables other than those included in Accounts Receivable – Trade, Gross (SF.BS.AccountsReceivable_TradeGross))
• Provision for loans in non-banking financial service companies (classified as Notes Receivable – Short- Term (SF.BS.NotesReceivable_ST))

Related Entries

• Acceptances Outstanding (SF.BS.AcceptancesOutstanding)
• Accounts Payable (SF.BS.AccountsPayable)
• Accounts Receivable – Trade, Gross (SF.BS.AccountsReceivable_TradeGross)
• Accounts Receivable – Trade, Net (SF.BS.AcctsReceivable_TradeNet)
• Accrued Expenses (SF.BS.AccruedExpenses)