Outrageously Funny Word Dictionary :: Unallowing

👉 In accounting, "unallowing" is a term used to describe an action that involves not recognizing or recording expenses. This can occur when a company does not have sufficient cash on hand to cover its obligations, resulting in unpaid invoices and other liabilities being ignored or not reported accurately. For example, if a company has outstanding invoices for services provided by another party but has not yet received payment from the other party, it could be considered unallowable. Similarly, if a company is unable to pay

unallowing