To Write Off Transactions Below a Certain Value (Using Standard VAT)

1. Open the Tools menu and choose Write Off, Refund, Return.

The Write Off, Refund, Return Wizard appears.

2. Select the ledger (Purchase or Sales), to which you want to post the refund.

3. Click Next.

4. Select Write off Customer (or Supplier) Transactions below a value, depending on the ledger initially selected, and click Next.

5. A text box appears for you to enter the amount, or value, that is the threshold for transactions to be written off.

6. Enter the appropriate amount in the text box and click Next.

A list of all the outstanding invoices below the amount entered appears.

7. Select the invoices that are to be written off and click Next.

A summary of the information you have selected is presented.

8. Check that the information is correct. If an aspect is incorrect, to return to the relevant list box to modify the selection, click Back. To write off the transaction(s), click Finish.