Decision details

Irrecoverable Debt on the Agresso Sundry Debtor System:

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Cabinet Member for Resources, Enterprise and Economic Development approved the sundry debtor write-off amount of £37,706.14 (net of recoverable VAT).  

 

Reasons for the decision:

A regular review of customer bad debt for write-off is good practice. The debts listed in the report are considered irrecoverable and writing them off will enable the council to recover VAT on those less than 4 years and 6 months.

 

Alternative options considered:

Not to write off any bad debts. This is not acceptable accounting practice and means that we will not be able to recover VAT on debts that are unlikely to be paid.

 

Publication date: 08/03/2023

Date of decision: 08/03/2023

Decided at meeting: 08/03/2023 - Cabinet Member for Resources, Enterprise and Economic Development (Deputy Leader)

Accompanying Documents: