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Ramapo College of New Jersey Home Page » About » College Leadership » Policies and Procedures » Policies » Allowance for Doubtful Accounts
Section: | 600 |
Section Title: | Administrative |
Policy Number: | 624 |
Policy Name: | Allowance for Doubtful Accounts |
Approval Authority: | President’s Senior Leadership Team |
Responsible Executive: | Vice President with Oversight of the Office of the Controller |
Responsible Unit: | Business Services |
Date Adopted: | 1993 |
Date Revised: | November 23, 2009, September 2013, January 2014, November 2024* |
Policy
*Non-substantive amendments
The establishment of a doubtful accounts allowance ensures that the receivables are not overstated for financial reporting purposes.
To provide guidelines and parameters necessary to establish an allowance for doubtful accounts to reflect the amount of student accounts receivables that is estimated will be uncollectible.
Business Services and the Office of Student Accounts
None
Office of the Controller
(201) 684-7117
505 Ramapo Valley Road
Mahwah, NJ 07430
p: 201-684-7500
e: information@ramapo.edu
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