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Apr 19, 2024 10:12 AM UTC
Question

I have payments due where the company has gone into administration. Is there a way I can file or archive the invoices to get rid of them from overdue totals?

I most probably won’t receive the money. It’s about a year overdue.

1 reply

Apr 19, 2024 12:44 PM UTC

Hello Themo, thanks for reaching out to the Community today

 

When invoices you send in QuickBooks become uncollectible, you need to record them as a bad debt and write them off. This ensures your accounts receivable and net income stay up-to-date. 

 

Our step-by-step guide outlines the complete process, but if you do need any further support, please comment below. 🙂