Description: Here are the steps to writing off a client invoice.
Step 1 - In the Sales Journal applet, (Accounts Receivable) recall the invoice to be written-off. (Fig.1)
(Fig.1)
Step 2 - Add a line in the distribution grid for a negative value of the invoice amount. Make sure that the G/L Account the invoice is being moved to is a Bad Debt account. (Fig.2)
(Fig.2)
Step 3 - A. Change the invoice amount in the top section to zero. B. Then change the accounting period to the desired period that you want the write off to occur and click Save. (Fig.3)
(Fig.3)