Healthcare Bad Debt Expense Reporting Change
The FASB has issued a statement that starting in 2012 healthcare organizations will need to start reporting bad debt expense net of revenue rather than as an operating expense. I have a client who is considering the various Oracle GL options to accomplish this including a change in the accounting heirarchy, a change in FSG row set definition, or a mass maintenance function. We are curious as to what route other healthcare organizations that use Oracle GL are doing to meet this requirement.
Thank you,
Justin
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