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May 20, 2024
Question

I've an invoice that won't be paid, need to create a Bad Debt account to write it off. Self-Employed doesn't allow creation of a bad debt account? or Credit memos?

  • May 20, 2024
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1 reply

MorganB
May 20, 2024

Hey there, mmichelle.mmedle.

 

Thanks for posting your question here in the Community. I'm happy to provide some info about the Bad Debt account in QuickBooks Self-Employed (Solopreneur).

 

As you mentioned, creating a "Bad Debt" account and/or credit memos are not available in the Self-Employed version of QBSE. You may consider reaching out to your accountant for the best action moving forward on how to record invoices that won't be paid.

 

Alternatively, QuickBooks Online offers the ability to create write off accounts as well as credit memos. You can find out more about other features here: QuickBooks Online Plans and Pricing

 

Please feel free to reach back out if you have any other questions. I'll be here to help in any way that I can.