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circ:bills:unrecoverable_debt

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circ:bills:unrecoverable_debt [2018/02/26 17:22]
tmccanna
circ:bills:unrecoverable_debt [2018/10/11 16:15] (current)
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 In 2007, the following procedure was agreed upon. However, the library director that requested the development left PINES before development was done, and the project was cancelled: In 2007, the following procedure was agreed upon. However, the library director that requested the development left PINES before development was done, and the project was cancelled:
  
-As a measure to bring library accounting practices in line with Governmental Accounting Standards Board regulations,​ the Executive Committee has decided to adopt a procedure for marking fines/fees owed by patrons for over three years “unrecovered debt.” ​ This status will be applied at the per-circulation-transaction level to such fines and fees [2007.09].+"As a measure to bring library accounting practices in line with Governmental Accounting Standards Board regulations,​ the Executive Committee has decided to adopt a procedure for marking fines/fees owed by patrons for over three years “unrecovered debt.” ​ This status will be applied at the per-circulation-transaction level to such fines and fees [2007.09]."
  
 At this time, each library system is responsible for developing its own procedures for handling old, '​unrecoverable'​ debt on patron accounts. At this time, each library system is responsible for developing its own procedures for handling old, '​unrecoverable'​ debt on patron accounts.
circ/bills/unrecoverable_debt.txt · Last modified: 2018/10/11 16:15 (external edit)