The Reserve for Doubtful Accounts will be established within the following parameters:
100% of all Debtors Accounts identified as a risk account (non collectable)
100% of Credit Card Chargeback (not guaranteed)
100% of Returned Cheques (not guaranteed)
* 20% of Account Balances over 90 Days less the above
* Exceptions can be made when viable reasons for non-payment exist and the account is collectable.
Explanation should be provided to the VP Finance.