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How to Write Off Bad Debts in QuickBooks? | Forum

Topic location: Forum home » Support » Oxwall Store
Ben Mark
Ben Mark Mar 14 '23

Looking for the process to write off bad debts in QuickBooks? The search ends here. In this post, we will be talking about the complete set of steps to write off bad debts in QuickBooks. When the amount that you were supposed to receive is failed to be paid by the customer, it becomes a bad debt. And it is very much essential to write off bad debts, so as to track the profits and the average turnover. The process to write off bad debts in QuickBooks involves a couple of steps, which we have tried to mention later in this post. Thus, make sure to read the post till the end. Or the user can get in touch with our team professionals at +1(844)405-0907.

·         In this step, the user is supposed to move to the customers menu and then choose receive payments

·         After that, the user should enter the name of the customer in the received from field

·         Followed by, entering $0.00 for payment amount

·         The next step is to choose discounts and credits

·         And in the amount of discount field, the user needs to enter the amount you would like to write off

·         Moving ahead, the user is supposed to choose the account added in step 1 for discount account

·         And then select done

·         The last step is to select save and close

 

At the end of this post, it is believed that the user might be able to write off the bad debts in QuickBooks successfully. But if for some reason the user isn’t able to, then getting in touch with our QuickBooks support team at +1(844)405-0907 is recommended. We are a team of technically sound professionals, who can help you with fixing the issue immediately.