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Receivables, Net | 12 Months Ended
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Jul. 02, 2023
Receivables [Abstract] |
Receivables, Net | 6. Receivables, Net Receivables, net consists of the following:
|  | July 2, 2023 |  |  | July 3, 2022 |
Customer receivables |  | $ | 79,174 |  |  | $ | 99,963 |
Allowance for uncollectible accounts |  |  | (1,362 | ) |  |  | (1,498 | )
Reserves for quality claims |  |  | (682 | ) |  |  | (860 | )
Net customer receivables |  |  | 77,130 |  |  |  | 97,605 |
Banker's acceptance notes |  |  | 5,870 |  |  |  | 7,849 |
Other receivables |  |  | 725 |  |  |  | 1,111 |
Total receivables, net |  | $ | 83,725 |  |  | $ | 106,565 |
Banker’s acceptance notes (“BANs”), denominated in RMB, relate to the settlement of certain customer receivables generated from trade activity in the Asia Segment. The BANs are redeemable upon maturity from the drawing financial institutions, or earlier at a discount. The changes in UNIFI’s allowance for uncollectible accounts and reserves for quality claims were as follows:
|  | Allowance for Uncollectible Accounts |  |  | Reserves for Quality Claims |
Balance at June 28, 2020 |  | $ | (3,796 | ) |  | $ | (928 | )
Credited (charged) to costs and expenses |  |  | 1,316 |  |  |  | (1,085 | )
Translation activity |  |  | (89 | ) |  |  | (36 | )
Deductions |  |  | 44 |  |  |  | 1,346 |
Balance at June 27, 2021 |  | $ | (2,525 | ) |  | $ | (703 | )
Credited (charged) to costs and expenses |  |  | 445 |  |  |  | (1,065 | )
Translation activity |  |  | 40 |  |  |  | 12 |
Deductions |  |  | 542 |  |  |  | 896 |
Balance at July 3, 2022 |  | $ | (1,498 | ) |  | $ | (860 | )
Credited (charged) to costs and expenses |  |  | 89 |  |  |  | (1,397 | )
Translation activity |  |  | (86 | ) |  |  | 7 |
Deductions |  |  | 133 |  |  |  | 1,568 |
Balance at July 2, 2023 |  | $ | (1,362 | ) |  | $ | (682 | )
Amounts credited (charged) to costs and expenses for the allowance for uncollectible accounts are reflected in the benefit for bad debts and deductions represent amounts written off which were deemed to not be collectible, net of any recoveries. Amounts charged to costs and expenses for the reserves for quality claims are primarily reflected as a reduction of net sales and deductions represent adjustments to either increase or decrease claims based on negotiated amounts or actual versus estimated claim differences.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
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- References No definition available. + Details
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