How to Write off Bad Debt in QuickBooks Desktop & Online?

[thomson12]

Accounts receivable, also known as bad debt or uncollectible accounts, are often associated with this. In this post, you will learn the precise procedures for writing off bad debt in the QuickBooks Desktop program.
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[petergroft]

In QuickBooks Desktop & Online, write off bad debt by creating a "Bad Debt" expense account. Create a credit memo for the customer's outstanding invoice, applying it to the Bad Debt account. Then, adjust the customer's balance. In QuickBooks Desktop, use "Customers" menu > "Create Credit Memos/Refunds." In QuickBooks Online, go to "+ New" > "Credit Note." Always consult accounting professionals for accurate guidance.

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