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Sometimes, a user of QuickBooks accounting software may find that an invoice has become non-collectible.
In such cases, he or she may declare it as bad debt.
This will help the user to clear the non-collectible invoice from the accounts receivable and decrease by this amount the net profit.
Steps showing how to write off bad debt in QuickBooksIf you are looking for how to write off bad debt in QuickBooks, this article can provide you the required steps.
Before you proceed with the QuickBooks write off bad debt procedure, you have to verify that your A/R Aging Detail report is not incorrect.
For checking A/R Aging Detail report, firstly, you have to go to the Reports.
Mistakes are very much a part and parcel of life, right?
They may happen while using such a user-friendly software like QuickBooks as well.
Sometimes, you may discover that you have actually attached an invoice with a wrong account or you have billed a customer twice inadvertently.
This is the reason why we keep getting queries such as How Do I Delete an Invoice in Quickbooks.
The frequency of such questions tells us that this mistake is a pretty common one.
Quickbooks delete vs void invoice