Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Mar. 31, 2013

Schedule II - Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

ePlus inc. AND SUBSIDIARIES

Schedule II - Valuation and Qualifying Accounts

(Dollars in 000's)

	Balance at		Charged to
	Beginning of		Costs and			Deductions/			Balance at End
	Period		Expenses			Write-Offs			of Period
Allowance for Sales Returns (1)
Year Ended March 31, 2011	$	330	$	689		$	(672	)	$	347
Year Ended March 31, 2012		347		1,054			(974	)		427
Year Ended March 31, 2013		427		1,404			(1,288	)		543
Reserve for Credit Losses
Year Ended March 31, 2011	$	3,585	$	85		$	(899	)	$	2,771
Year Ended March 31, 2012		2,771		3,212			(377	)		5,606
Year Ended March 31, 2013		5,606		(334	)		(144	)		5,128
Valuation for Deferred Taxes
Year Ended March 31, 2011	$	1,250	$	46		$	-		$	1,296
Year Ended March 31, 2012		1,296		(79	)		-			1,217
Year Ended March 31, 2013		1,217		288			-			1,505

(1) These amounts represent the gross margin effect of sales returns during the respective years. Expected merchandise returns after year-end for sales made before year-end were $3.4 million, $3.2 million, and $2.8 million as of March 31, 2012, 2011, and 2010, respectively.