Uncollected was created in 500.
Uncollected Stars was created in 1986.
Distribution
Premiums not yet received by the insurance company. However, to carry the uncollected premiums as an asset on the insurance company's books, the premium must also be due. The due and uncollected premium asset can include premiums that are unpaid for upto 90 days (3 months).
Uncollected credit refers to the amount of credit that has been extended to customers but remains unpaid or uncollected. This often occurs in business transactions where goods or services have been provided on credit terms, but payment has not yet been received. Uncollected credit can affect a company's cash flow and financial health, as it represents revenue that is not yet realized. Companies may need to implement collection strategies to recover these funds.
checks "drawn against uncollected deposits"
Yes, uncollected revenue can be considered an implicit cost because it represents potential income that a business does not receive due to factors like credit sales or uncollected accounts. Implicit costs are the opportunity costs of forgoing alternatives, and uncollected revenue reflects the lost opportunity to use those funds for other productive purposes. Therefore, while not a direct cash outflow, it still impacts the overall profitability of the business.
An "Uncollected Funds Hold" means that the funds were in the account at the time the check was presented for payment. However, the funds were on hold and could not be released. This is considered the same as an NSF, or Not-Sufficient Funds.
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Yes.
Keep the claim active with child support enforcement
By dividing accounts receivable by net sales and multiplying by 365 days.
Generally, uncollected debt can be attached to a lien on your personal property - a home, car, boat - anything of tangible value. Once a person sells an item that has a lien attached, the $$ that are owed to the debtor will be paid FIRST and you will receive the remainder if anything is left over.