How to write off the bad debts in OpenERP?
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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
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.
