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Accountants Enterprise with Practice Manager only

The Provisions tab is only available on the Assignment Details page.

Provisions are made against an assignment if there is a doubt as to how recoverable the WIP and debtors might be on an assignment. The Provisions tab is used to create and view write-off provisions against the grand total of WIP. The information you enter is recorded as memo information and cannot be deleted.

When you create a new provision you need to select which provision type you are creating by selecting from the two options in the Ledger cell drop-down (i.e. WIP or Debtors). You also select the date, enter the expected write-off amount in the Amount field and any comments in the Reason field.

To reverse a provision, an opposing negative entry must be made.

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