Receivable Concentration Sample Clauses
Receivable Concentration. Supplier shall provide a listing of the 13 largest obligors as of the current period on a financial statement. Supplier shall include the aging of these accounts, verify the accuracy of this information by tracing amounts to the receivable trial balance, scan the trial balance noting any unidentified obligor concentrations, determine if it is properly aggregating exposure among affiliated obligors and if more than one entity is originating the receivables, exposure across the various entities.
Receivable Concentration. A. Obtain and review the listing of the 10 largest customer accounts for the current month used for the Pro Forma Monthly Report. Confirm that the customer Group identification (A, B, C, D) is appropriately disclosed within the Pro Forma Monthly Report. Document the credit limit established for the 10 largest customer accounts.
1. Calculate that the percentage of the obligor totals to the total receivables.
2. Obtain the aging of these accounts. If any account(s) have a Delinquent Receivables balance, discuss the collectibility with the Company.
3. Test the accuracy of this information by tracing amounts to the accounts receivable aging.
4. Determine if the Company is properly aggregating exposure among affiliated obligors.