write off


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write off

(rīt awf)
An amount deducted from a patient's account balance due to a contracted negotiation or other factor (e.g., pro bono work).
References in periodicals archive ?
The Turkish media has said the Finance Ministry was quick to write off the tax fine debts of pro-government companies though it was reluctant to do so for other firms.
The goal was to determine if managers used the flexibility within the standard to write off significant amounts of goodwill and, if so, whether managers continued that practice into the future.
When contacted on the issue, Dr Ishrat Husain (ex-governor, SBP) termed write offs as a recognition of reality - that the original asset has diminished in value and, therefore, it needs to be carried on the balance sheet at its realistic value.
In their lawsuit, Michael and Marla Sklar contend the IRS erred by disallowing their tax deduction while permitting members of the Church of Scientology to write off the cost of spiritual counseling and instruction on that religion's tenets.
The one-time write off would generate a deferred tax asset of approximately EUR41m to be booked in the consolidated financial statements, which would have a positive influence on the Group's performance and equity ratio in the second quarter of 2003, the company added.
Japan's 14 major commercial banks are expected to write off more than 5 trillion yen in bad loans during fiscal 2001, up sharply from the 2 trillion yen planned as of May, banking industry officials said Tuesday.
There may be a desire to write off amortizable or depreciable assets as soon as possible, to "get rid of them" and thus end the need to continue to account for them over several years.
write off no more than two lines using graphics directory info write off no more than two lines using graphics directory info write off no more than two lines using graphics directory info write off no more than two lines using graphics directory info
You may be able to write off 10% of your utility bills, deduct 10% of home maintenance costs and even take depreciation deductions based on 10% of your home's value.
of Accounts Written Off Receivables Gross Write Off Receivables in Arrears Recoveries Friendly Reminders Issued Net Write Off Collection Notices Issued Percent Net Write Off to Orders to Disconnect Final Bills Issued Processed Percent Net Write Off to Visits to Customers Revenue Settlement Agreements
The second let businesses write off the costs of new buildings and machines far faster than they actually wear out--a practice called accelerated depreciation.
The retrospective audit revolves around analysis and review of past write offs and it's compliance to charity write off policies and procedures.