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Accounts Receivable and Other Receivables
 6 Months Ended
Jun. 30, 2023
Accounts Receivable and Other Receivables [Abstract]  
ACCOUNTS RECEIVABLE AND OTHER RECEIVABLES

NOTE 4 – ACCOUNTS RECEIVABLE AND OTHER RECEIVABLES

 

Accounts receivable and other receivables as of June 30, 2023 and December 31, 2022 are summarized as below:

 

   June 30,
2023		   December 31,
2022		 
Customers by sales provision of services  €1,979,803   €3,429,596 
VAT receivable   29,242    
-
 
Others   59,484    41,541 
   €2,068,529   €3,471,137 
Allowance for doubtful accounts   (338,062)   (333,528)
   €1,730,467   €3,137,609 

 

As of June 30, 2023 and December 31, 2022, the allowance for doubtful accounts of €338,062 and €333,528. During the six months ended June 30, 2023 and 2022, the Company recorded bad debt expense of €4,534 and bad debt recovery of €10,859.