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Kev-20
July 10, 2023
Question

Invoice Write Off - Bad Debt

  • July 10, 2023
  • 1 reply
  • 0 views

Having read loads of threads about this, has anyone actually had to write off a customer invoice as a bad debt using QBO? I've only been using this for a couple of months and concerned it's going to go wrong like everything else has .....

I know I need to create a new Expense account in Chart of Accounts with S20% VAT (Call it Bad Debt or whatever), but what do you actually do with the invoice in question as it's obviously being auto ticked every time I go to receive payments - if thak makes sense

Thanks

1 reply

A
Ashleigh1
July 10, 2023

Hello Kev-20, thanks for posting on the Community page, if you have a look at this article it has all the steps you need to write off bad debt in QuickBooks Online. 

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