Tell HN: Anthropic expires paid credits after a year

Re:Tell HN: Anthropic expires paid credits after a year by otterley on Wednesday August 06, 2025 @02:26AM (#44808402)

That’s not how accounting works. There’s no such thing as a probabilistic liability.

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Re:Tell HN: Anthropic expires paid credits after a year by jacquesm on Wednesday August 06, 2025 @03:25AM (#44808796)

Let me introduce you to actuarial science:

https://en.wikipedia.org/wiki/Actuarial_science

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Re:Tell HN: Anthropic expires paid credits after a year by otterley on Wednesday August 06, 2025 @11:50AM (#44813626)

I’m aware of actuarial science, but what does that have to do with accounting?

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Re:Tell HN: Anthropic expires paid credits after a year by foxglacier on Thursday August 07, 2025 @10:36PM (#44832824)

Yes there is. See provisions and contingent liabilities.

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Re:Tell HN: Anthropic expires paid credits after a year by otterley on Friday August 08, 2025 @03:56PM (#44841017)

Neither of these show up either on a balance sheet or cash flow statement. If a contingent liability is probable, you have to record it as a liability per GAAP.

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Re:Tell HN: Anthropic expires paid credits after a year by foxglacier on Monday August 11, 2025 @11:17AM (#44865110)

Oh. Then what's the effect of the growing pile of unredeemed non-expiring gift vouchers that companies issue? Is there a little asterisk next to liabilities saying "but don't worry, we're sure we'll never have to pay this"?

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