Bad Debt Expense?

Question

How to write off the bad debts in OpenERP?

Ray Carnes (ray) · Accepted Answer

Register Payment as you normally would, but:

1 - Enter an amount of $0
2 - Check *Mark as fully paid*
3 - Select the bad debt expense account
4 - Use the *Label* field to describe the write-off

Kevin McMenamin · Answer

There are a couple of ways:

1. You can use the reconciliation feature in the receivables & payables screen - select the transactions to be written off and a wizard is presented for your journal creation (note no tax credit, but you could edit the journal)

2, Do a general journal - Dr write-off, Dr Tax, credit AR (remember to inlcude the partner on the AR line). Then follow 1 above to reconcile the items.

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