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Write Off Products Or Receivables?

By
Zura Tsiklauri
on 7/18/14, 2:39 AM 977 views

Is there the possibility in the program to write off goods? (The scrap is not an option because it does not create the journal Entries). I want to write off a product and generate the journal entries. Or How can I create a bad debt expense(write off receivable) that will close the invoice and generate the requred journal entries?

0
Kevin McMenamin
On 7/22/14, 3:42 AM

for products you have two options:

1. in the product form use the wziard to adjust the SOH - this will create the journal

2. do an inventory ans enter the on hand qty - this will create a journal for the adjustment.

for bad debts, see the answer to your later question

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Asked: 7/18/14, 2:39 AM
Seen: 977 times
Last updated: 3/16/15, 8:10 AM