Policy 511: Accounts Receivable
The accounts receivable policy for Grays Harbor College:
- Provides credit to appropriate individuals and organizations.
- Bills or requests reimbursement for costs and associated overhead costs, if applicable, in a timely manner.
- Monitors the billings/receivable for timely payment.
- Pursues collection for non-payments using legal and appropriate means.
- Approves write-off for uncollectable receivables when appropriate.
Policy Review History
Review and Revision refers to the College’s cyclical process for evaluating and updating all institutional policies and procedures. At minimum, each policy or procedure will undergo review once every five years to ensure accuracy, relevance, and alignment with current practices and regulatory requirements. If the scheduled review results in no changes, the date of that review will be recorded in the Reviewed field. If updates or edits are made, the date will be recorded in the Revised field. This process maintains transparency regarding the history of each policy or procedure and ensures the College remains responsive to evolving needs and standards.
