Unlimited liability companes are subject to E-defter on the basis of balance sheet. The intended who has receivables of TRY 2.000.000 from his customer couldn’t collect them. Execution process will be commenced on January 2019 by instigating a warning.
Question 1- Can we add TRY 2.000.000 of the receivable to provisions after the start of execution?
Question 2- Can we add the total amount of TRY 2.000.000 to expense? Or do we have to add it as VAT? If so, what is the procedure to follow?
1-Provisions are made after opening an execution file.
2-Provisions are made for the total amount of receivables (VAT included).
Source: İSMMMO
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