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ALLOWANCE FOR CREDIT LOSSES | 9 Months Ended
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Sep. 30, 2023
Receivables [Abstract] |
ALLOWANCE FOR CREDIT LOSSES | NOTE 6 – ALLOWANCE FOR CREDIT LOSSES The Company’s receivables were evaluated to determine an appropriate allowance for credit losses. For trade receivables, the Company’s historical collections were analyzed by the number of days past due to determine the uncollectible rate in each range of days past due and considerations of any changes expected in the future. The estimate of the allowance for credit losses is charged to the allowance for credit losses based on the age of receivables multiplied by the historical uncollectible rate for the range of days past due or earlier if the account is deemed uncollectible for other reasons. Recoveries of amounts previously charged as uncollectible are credited to the allowance for credit losses. An analysis of the allowance for credit losses for the period ended September 30, 2023 is as follows: SCHEDULE OF ALLOWANCE FOR CREDIT LOSSES
Allowance for credit losses, December 31, 2022 |  | $ | 2,567 |
Allowance for credit losses, beginning balance |  | $ | 2,567 |
Current period provision for expected credit losses |  |  | 1,161 |
Write-offs charged against the allowance |  |  | (1,131 | )
Foreign currency translation |  |  | 80 |
Allowance for credit losses, September 30, 2023 |  | $ | 2,677 |
Allowance for credit losses, ending balance |  | $ | 2,677 |
During the nine-months ended September 30, 2023, the change in the allowance for credit losses was due to the change in the age of trade receivables.

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- Definition The entire disclosure for allowance for credit losses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -Publisher FASB -URI https://asc.fasb.org//310/tableOfContent + Details
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- References No definition available. + Details
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