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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|Asked: 7/22/14, 2:30 AM|
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|Last updated: 3/16/15, 8:10 AM|