NOTE 3. Accounts Receivable, Net
The primary components of USAID’s accounts receivable as of September 30, 2007 and 2006 are as follows:
Accounts Receivable, Net
(Dollars in Thousands)
| |
Receivable Gross |
Allowance Accounts |
Receivable Net
2007 |
Receivable Net
2006 |
| Intragovernmental |
|
|
|
|
| Appropriation Reimbursements from Federal Agencies |
$761 |
N/A |
$761 |
$225 |
| Accounts Receivable from Federal Agencies |
255,538 |
N/A |
255,538 |
84,744 |
| Less Intra-Agency Receivables |
(256,079) |
N/A |
(256,079) |
(84,749) |
| Total Intragovernmental |
220 |
N/A |
220 |
220 |
| Accounts Receivable |
186,789 |
(7,442) |
179,347 |
91,173 |
| Total Receivables |
$187,009 |
$(7,442) |
$179,567 |
$91,393 |
Entity intragovernmental accounts receivable consist of amounts due from other U.S. government agencies. No allowance accounts have been established for the intragovernmental accounts receivable, which are considered to be 100 percent collectible.
All other entity accounts receivable consist of amounts managed by missions or USAID/Washington. These receivables consist of non-program related receivables such as overdue advances, unrecovered advances, audit findings, and any interest related to these types of receivables. A 100 percent allowance for uncollectible amounts is estimated for accounts receivable due from the public, which are more than one year past due. Accounts receivable from missions are collected and recorded to the respective appropriation.
Interest receivable is calculated separately, and there is no interest included in the accounts receivable listed above.
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