Allowance for Doubtful Accounts in German, French, Spanish & Italian

What does Allowance for Doubtful Accounts mean?

A contra-asset account that reduces the total amount of accounts receivable to reflect only the amount expected to be collected.

Allowance for Doubtful Accounts in a sentence

The allowance for doubtful accounts is a contra-asset account that reduces total accounts receivable.

German

Wertberichtigung auf Forderungen

also Pauschalwertberichtigung

Rückstellung für voraussichtliche Zahlungsausfälle bei Forderungen.

French

Provision pour créances douteuses

Provision comptabilisée pour couvrir le risque de non-paiement.

Spanish

Provisión para cuentas dudosas

also Estimación para cuentas incobrables

Cuenta correctora que estima la parte de los cobros que será fallida.

Italian

Fondo svalutazione crediti

Fondo accantonato per coprire possibili insolvenze dei clienti.