Accounting for Uncollectible Accounts (APS 027)
Issued: Nov. 22, 2005
Updated: Sept. 3, 2015 – View Changes
State agencies and institutions of higher education
State agencies and institutions must take all appropriate actions to collect accounts receivable. However, when accounts are uncollectible, specific accounting entries must be performed in the Uniform Statewide Accounting System (USAS) for proper reporting.
Government Code, Sections 403.031(c), 2107.004.