ISTech Support Forum - Writing Off Uncollectable Accts Receivable

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ISTech Support Forum › Evo-ERP and DBA Classic › Sales

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Writing Off Uncollectable Accts Receivable (Read 570 times)

lmk223a

Senior Member

Accountant

Posts: 379

Writing Off Uncollectable Accts Receivable
03/03/04 at 11:23:45

Since Accounts Receivable is listed under the Sales Module, I am listing this question here.

How does one write off an invoice in Accounts Receivable when it is deemed uncollectible ???

I do not see an option for writing off bad debts.
We have a customer who filed bankruptcy with about 20-30 open invoices in Accounts Receivable.

EVO/ERP 2007.2 3/2708 update, 15 users
Linda Kucan

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Lynn_Pantic Administrator evolution (n) - gradual change to a different form Posts: 5681	Re: Writing Off Uncollectable Accts Receivable Reply #1 - 03/03/04 at 11:34:31 Use AR-B to create a credit memo for the total amount to be written off. Post the GL Distribution to Bad Debt Expense. Then use AR-C, enter a $0 payment and use the credit to pay all the invoices.
Back to top	Lynn Pantic IS Tech Support lynn@istechsupport.com IP Logged

lmk223a Senior Member Accountant Posts: 379	Re: Writing Off Uncollectable Accts Receivable Reply #2 - 03/03/04 at 13:23:45 Thanks for the superfast response!
Back to top	EVO/ERP 2007.2 3/2708 update, 15 users Linda Kucan IP Logged

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ISTech Support Forum › Evo-ERP and DBA Classic › Sales

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