How to Write Off Bad Debt in Quickbooks Desktop Online - 0 views
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golu133 on 12 Jan 24QuickBooks in both Online and Desktop versions becomes your trusty captain guiding you through this process with clarity and confidence.Then the enter the write-off amount and a clear memo like "Bad Debt Write-Off Quickbooks." Save and close the memo, a declaration of severing ties with the sunken invoice. In QuickBooks Desktop, navigate to Customers > Create Credit Memos. In QuickBooks Online, head to Customers > Receive Payments. Select the customer and enter $0 for the payment. Click Discounts and credits, enter the write-off amount, choose the "Bad Debt Expense" account, and click Save to close the chapter on that invoice.These instructions are your compass, not a rigid map. Specific steps may vary based on your QuickBooks version and preferences. Always rely on your accounting professional for expert guidance as you weather the storms of bad debt write-offs.