ANALISIS KERUGIAN PIUTANG TAK TERTAGIH TERHADAP PUTUSAN PAILIT SERTA PENGARUHNYA TERHADAP LAPORAN LABA RUGI (STUDI KASUS PT. JOTUN POWDER COATINGS INDONESIA)

Abstract

Receivables represents a number of bills that will be received by a company generally in the form of cash from other parties, as a result of the sale of goods and services on credit. Accounts receivable often faced with the risk of being uncollectible which resulted to big losses for the company. This research was conducted at PT. Jotun Powder Coatings Indonesia to analyze effect of bankruptcy decision on one of key customer of PT. Jotun Powder Coatings Indonesia. This research used qualitative method with inductive approach that cannot be measure by number. Data collection technique used is collecting all document that are related to financial statement and interviews of all staff who are connected with this research. The result of this research shows there had been a significant sales increased, especially to related parties. But, the bankruptcy decision of customer did not directly affect the income statement result of PT. Jotun Powder Coatings Indonesia because of significant sales increase but have significant effect on cash flow. This make turnover receivable more slower than years before since most of the sales are on credit. Based on the result of this study, the researcher have some recommendation to improve the credit policy to customers and review all credit facilities provided to customers who often delay payment, so the company can avoid or minimize uncollectable receivables.