Calculate your doubtful-debt provision (expected credit losses) for receivables under IFRS 9, with disclosures ready for the financial statements — without the complexity.
A simple tool to calculate the IFRS 9 doubtful-debt (expected credit loss) provision: enter receivable ageing and loss rates and get the provision, note and disclosures — no complex formulas.
Ageing × loss rates to estimate the provision — without complexity.
Loss allowance and disclosures ready to drop into the statements.
Word, PDF and Excel in Arabic and English.
Instant results consistent with the rest of the statements.
It's the IFRS 9 doubtful-debt provision — an estimate of what you may not collect from receivables, based on their ageing and loss rates.
Yes — it uses the simplified approach suited to trade receivables, with ageing buckets and loss rates.