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To build trust among virtual team members, managers should:
Aging of Receivable Method
An accounting technique used to estimate uncollectible debts by analyzing the age of accounts receivable.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's accounts receivable that may ultimately not be collectible.
Bad Debts Expense
Bad debts expense represents the amount of receivables a company estimates it will not be able to collect from customers over a period.
Aging of Receivable Method
An accounting technique used to estimate bad debts by analyzing accounts receivable based on the length of time they have been outstanding.
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