How to Write Off an Invoice in QuickBooks Online?
There are numerous ways to write off an invoice and it is a deal to write off bad debit for an account in the current period of month but in past month it is known as invoice. There can be a time when your customer is not paying their outstanding then you need to create outstanding invoice for your services.
If you want to adjust payroll liabilities in QuickBooks you can read to known the blog on How to Adjust QuickBooks Payroll Liabilities. But to write off invoice in QuickBooks or to write off bad debit follow below written methods and execute step by step instructions to write off the invoice for QuickBooks.
Steps to Use Write Off Invoice Tool in QuickBooks Online:
METHOD1: USING WRITE OFF INVOICE TOOL
Step1: Open accountant tool belt and search for briefcase icon (accountant tools).
Step2: Now from accountant tools drop down list and select the write off invoices.
Step3: Now setup the criteria for age, date of transaction, and balance due less than.
Step4: To write off the invoice select the checkbox and now select correct account for invoices.
Step5: Choose preview and write off.
Step6: Now choose write off and complete the process.
METHOD2: WRITE OFF BAD DEBIT
Step1: If you don’t have a bad debt expense account to create one bad debit account.
Step2: Create in product and services a non-inventory item and add to bad debit list.
Step3: Now for your customer creates credit memo for bad debit write off enter amount and save.
Step4: Apply the CM in received payment to the invoices.
Call QuickBooks Support Number +1-844-706-6636 for How to QuickBooks Write Off Invoice
Dial the QuickBooks support number to get in touch with certified professionals if you are not able to write off QuickBooks invoice. To get instant assistance on various issues in QuickBooks call now +1-844-706-6636 to get instant online help on issues and problems you face using QuickBooks. Round the clock solution with right approach is available online for US, Canada and Australia customers by taking remote sessions of your computer experts will resolve solution.