The Provisions for Receivables and Missing Actuals
In this module we will be taking a deep dive into the following subjects:
What is the Provision for Receivables
You may have seen this on some of your remittances from time to time and here we will delve into what it actually is.
What is the Provision for Missing Actuals
We will investigate what these Missing Actuals are and where they initiate from.
What is Provisional Accounting
Understanding Amazon Provisions means that you need to understand why businesses use provisional accounting to begin with.
Why Does Amazon Create These Provisions
We will investigate why Amazon engages in these provisions specifically for your account.
After Finishing this Module
You will :
• Understand Provisional Accounting;
• Know what the Provision for Receivables are and how you can prevent them;
• Know what the Provision for Missing Actuals are and how you can prevent them; and
• Know how to reconcile them in your Accounting Program.