Write Off Accounts

 

All outstanding transactions relating to a Customer or Supplier account can be written off. For example, when a customer or supplier has gone out of business. Accounts with both positive and negative balances can be written off.

Related Topics

Write Off, Refund, Return

The Postings Made on Writing Off an Account

Supplier Write Offs (VAT Cash Accounting)

Customer Write Offs (VAT Cash Accounting)

Write Off Transactions

Write Off Bad Debts