Bad debt relief

andrew-warden

A user is asking how to enter a bad debt writeoff and the vat portion is added to the vat return

I am not familiar with this functionality

I did test by running the adjustment  with bad debt as the reference and allocating to the invoice  and the vat control account did not have any values for this transaction

Any advice appreciated

Kind regards

Andrew

fzw

Hi

I would enter a credit note into the Sales Ledger with a reference of Bad Debt. That way the debtors is reduced by the correct amount and the VAT element goes onto the return.

Felicity

Attachment_4328.zip