To Write Off an Account (Using Standard VAT)
1. Open the Tools menu and click Write Off, Refund, Return.
The Write Off, Refund, Return Wizard appears.
2. Select the ledger (Purchase or Sales), that contains the account you want to write off.
3. Click Next.
4. Select Write off Customer (or Supplier) Accounts, depending on the ledger initially selected.
5. Click Next.
6. Select the account, or accounts, to be written off.
7. Click Next.
A list of all the outstanding invoices relating to the account selected are presented.
8. To continue with writing off the account, click Next.
A summary of the information you have selected is presented.
9. Check that the information is correct.
10. If an aspect is incorrect, to return to the relevant list box to modify the selection, click Back. To write off the account, click Finish.
Related Topics
Supplier Write Offs (VAT Cash Accounting)
Customer Write Offs (VAT Cash Accounting)
The Postings Made on Writing Off an Account