What should I do with accounts receivable that are more than three years old?

It should be recognized as bad debts, and accounts receivable represent the funds that the business has taken up by the purchased units during the sales process. Enterprises should collect accounts receivable in a timely manner to make up for various expenses in the process of production and operation of the enterprise and ensure the continuous operation of the enterprise;

Measures should be taken to organize collection of accounts receivable in arrears; For accounts receivable that cannot be recovered, if they meet the conditions for bad debts, they should be treated as bad debt losses after obtaining relevant certificates and submitting them for approval in accordance with the prescribed procedures.

Ageing. Accounts receivable over three years.

Bad debts should be recognized.

According to the provisions of the General Principles of Enterprise Finance, accounts receivable in the following two situations.

It can be confirmed as a bad debt.

1. The debtor's death and the unrecoverable accounts after the debtor's estate is repaid;

2. If the debtor is bankrupt, the accounts that cannot be recovered after the bankruptcy estate is repaid;

3. The debtor has failed to fulfill its debt repayment obligations for a long period of time, and there is sufficient evidence to show that it is impossible to recover or the accounts that are unlikely to be recovered.

1. It should be recognized as bad debts.

2. When the provision for bad debts that has been made is insufficient to offset the bad debts, the bad debt provision account will have a debit balance before the end of the period, and the balance will become a credit after the end of the period.

3. In accordance with the provisions of the "Accounting System for Business Enterprises" and the "Accounting Standards for Business Enterprises", it is not allowed to use the direct transfer method, but if there has been no provision for bad debts, and bad debts have indeed occurred, and there is evidence, it can be written off as bad debts with the approval of the board of directors of the company, but bad debt provisions must be made.

4. It is the responsibility of the financial department to formulate a bad debt policy, but it needs to be deliberated and approved by the board of directors.

1. From an accounting point of view, the provision for bad debts can be made in full, but it cannot be transferred out unless there is conclusive evidence.

2. Only bad debt provisions can be made.

3. Depending on your accounting policy, you can stipulate under what circumstances you can make full provision for bad debts.

4. It is stipulated that the direct sales method cannot be used.

5. The approval of accounting policies needs to be approved by the board of directors without the approval of the tax department.

It is recommended to take a look at the new income tax law, its implementation rules and specific measures.

Ageing is not the only criterion. Rather, it should be analyzed in light of the actual situation.

Some accounts receivable may be less than 3 years old, but they are indeed unrecoverable (if the enterprise no longer exists), then the full amount of provision should be made.

However, some accounts receivable may be more than three years old, but there is evidence that they may still be recovered, and then they cannot be fully provisioned.

Aging is only a guideline.

Judge according to your profession.

It's been a long time in general.

The proportion of bad debts will certainly increase.

Legal analysis: If the receivables of Tuandong enterprises that are overdue for more than three years have been treated as losses in accounting, they can be treated as bad debt losses, but the situation should be explained and a special report should be issued.

Legal basis: Article 22 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China The term "other income" in Article 6 (9) of the Enterprise Income Tax Law refers to the income obtained by the enterprise in addition to the income specified in Article 6 (1 year of failure) to (8) of the Enterprise Income Tax Law, including the income from the surplus of enterprise assets, the income from the deposit of the packaging materials that have not been returned within the time limit, the payable that cannot be repaid, the receivables that have been recovered after the treatment of bad debt losses, the income from debt restructuring, the income from subsidies, the income from liquidated damages, exchange gains, etc.

1. If the receivables of the enterprise that have been overdue for more than three years have been treated as losses in accounting, they can be treated as bad debt losses.

2. If the enterprise is overdue for more than one year, and the single amount does not exceed 50,000 yuan or does not exceed 1/10,000 of the total annual income of the enterprise, and the receivables have been treated as losses in accounting, they can be treated as bad debt losses;

3. The debtor laughed and went bankrupt and liquidated.

shall be announced by the people's court for bankruptcy and liquidation;

4. If it is a litigation case, the judgment of the people's court shall be issued.

or an award or an arbitration document of an arbitration institution, or a legal document that has been terminated (suspended) by a court ruling by Wang Annihilation;

Accounts receivable. It refers to the amount that should be collected from the purchasing unit due to the difficulty of selling commodities, products, providing labor services and other businesses in the normal course of business, including the taxes that should be borne by the purchasing unit or the receiving labor unit, and various transportation and miscellaneous expenses advanced by the buyer. Accounts receivable is a creditor's right formed with the occurrence of sales behavior of an enterprise.

Hello dear, the reasons for the long aging of accounts receivable (1) In the past two years, due to the overall macroeconomic downward pressure, the capital of various units is generally tight, which has adversely affected the company's accounts receivable; (2) The company's products are mainly for the military, financial and energy central enterprises, etc., and the customer fund allocation process is complex and the progress is slow; (3) After the reorganization and merger of some customers, the organizational structure is adjusted and the project leader is replaced, and the payment process needs to be reconfirmed before the project situation is started; (4) Some of the company's products are non-standardized products (need to be redeveloped), and some customers will propose adjustments and tests in terms of product functions and other aspects during use (before payment), which will lead to the extension of the payment period.

The aging of accounts receivable is the amount of time that accounts receivable remain uncollected on the books, in other words, the balance sheet.

The time elapsed from the date of realization of the sale, the date of the accounts receivable to the date of the balance sheet.

Accounts receivable are current assets of a business.

Another important item in addition to inventory. Accounts receivable turnover ratio.

It is the ratio of the net income from sales on credit to the average balance of accounts receivable in a certain period. It is an indicator to measure the turnover speed and management efficiency of accounts receivable.

Account receivable age refers to the length of time that the company's accounts receivable have not been recovered, which is usually divided into 5 levels according to the reasonable turnover days of the respective enterprises, such as within 30 days (the reasonable turnover days are set as 30 days -60 days, 60-120 days, more than 120 days and doubtful debts.

No sales for more than 120 days). Detailed ageing information is provided in the Accounts Receivable section of the notes to the financial report. The information provided in the Ageing Analysis Form enables management to understand collections, arrears, and to determine the recoverability of arrears and possible losses.

The table also allows the management to adopt a relaxed or tightened commercial credit policy, as appropriate, and can be used as a measure of the efficiency of the collection and credit departments.

The official website shall prevail.

If the company has not undergone mergers and acquisitions, divisions and debt restructuring, then the aging of accounts receivable is a one-sided view

In the year-end figure, the amount of [more than 3 years] should be less than or equal to [2 3 years] + [more than 3 years] at the beginning of the year.

If there is no receipt at the beginning of the year [2 3 years] + [more than 3 years] in the current year, then [equal], there is a collection, and [less than].

Aging analysis: also known as accounts receivable aging analysis.

For the 1-2 year accounts receivable aging period, the amount should be controlled within 10% of the total accounts receivable. This is because the amount of accounts receivable for 1-2 years has exceeded one year, and there may be a risk of bad debts.

The aging of accounts receivable refers to the amount of uncollected sales accounts of an enterprise in different time periods, which is usually divided into four stages: less than 1 year, 1-2 years, 2-3 years and more than 3 years.