Story cover for How to write off bad debt in QuickBooks desktop? +1-888-412-7852 by Robertd994
How to write off bad debt in QuickBooks desktop? +1-888-412-7852
  • Reads 3
  • Votes 0
  • Parts 1
  • Time <5 mins
  • Reads 3
  • Votes 0
  • Parts 1
  • Time <5 mins
Ongoing, First published May 21, 2020
Indeed, QuickBooks is an accounting software that handles the financial activities of your business. Besides, the accounting software gives you the permission to record and write off bad debt. So before knowing how to write off bad debt in QuickBooks desktop, you need to understand what is bad debt in QuickBooks. 
Bad debt is an amount that a company or a business fails to recover from the debtor. It occurs when the borrower becomes bankrupt and he/she is unable to the pay on time. Most importantly, bad debt affects the profit and loss reports during the time of reconciling the accounts. 
Note: If invoices you send in QB become uncollectable, then you need to add it as a bad debt. It makes sure your accounts receivable and net income stays up-to-date. 
Let's find out the benefits to write off and then move ahead for the steps to write off bad debt in QB. 
Steps to Write off QuickBooks bad debt
Follow the given steps to write off bad debt in QuickBooks desktop:
Add an expense account to track the bad debt
1.	First, go to the lists menu and then you have to click chart of accounts.
2.	Now, you need to click on the account menu. With this, click on new.
3.	Next, you have to click on expenses and then continue.
4.	You have to add an account name.
5.	Lastly, you need to click on save and then close.
Close the unpaid invoices
1.	Initially, you need to click on receive payments.
2.	Now, you have to add the name of the customer.
3.	You need to add $0.00 for payment amount.
4.	Next, you need to click on discounts and then credits.
5.	Add the amount that you have to write off.
6.	Click on the account that you have added in step 1. Click on done.
7.	Finally, you need to click on save and then close.
Conclusion
If you want to get additional information related to write off bad debt in QuickBooks desktop , then dial the QuickBooks Toll- Free Support Phone Number 1-888-412-7852.
All Rights Reserved
Sign up to add How to write off bad debt in QuickBooks desktop? +1-888-412-7852 to your library and receive updates
or
#502debt
Content Guidelines
You may also like
Untouchable [Kylo Ren Mafia AU] by DDazed_A
58 parts Complete Mature
!!Please read warnings before reading!! 18+ only!! Mafia!KyloRen x MC Mr. Kylo Ren is the CEO of Bank of Ren and he is the richest man in New York City. He is untouchable. My goal is to make it to the top. The only problem is that I have yet to meet him despite working for him the past five years. That all changes when he catches me blackmailing his male employees. Forced to repay my debt to him, I vow to try and stay away from him no matter how irresistible. He lets me in on his side business where my life and sanity is put on the line. He is a vile monster that has taken over my life. I will never let him take over my heart. Slow burn / Smut - enemies to lovers STORY RANKINGS #1 - Adamdriver (12/25/24) #1 - Adamdriversmut (11/14/22) #1 - CNC (7/17/22) #1 - Begging (4/14/22) #1 - Kylorensmut (3/18/22) This story will be based around Kylo Ren, the Knights of Ren, and MC. I listed the warnings and triggers in the summary and will not warn readers when they will happen. This is completely FICTION. This is by no means a love story; it is not healthy. If you or someone you know is experiencing domestic abuse - Online.rainn.org or 1(800)799-7233. ⚠️ WARNING⚠️ - Explicit sexual content (consensual) - Drinking and illegal substance abuse (mary jane, coke, and mentions of others) - Illegal crime (blackmail/murder/drug trafficking) - Violence - Mental health (anxiety, depression) - Mentions of SA (will warn which chapter) - Unhealthy possessiveness - Sexual degradation kink - Lack of aftercare - Emotional turmoil - Over stimulation - Edging - Voyeurism - Dom/Sub vibes
Ocean Of Need  by agirlcalledviolet
75 parts Complete Mature
Sub Dom Romance- ⚠️21+ ❤️‍🔥Running from their mafia roots, she thought he was an artist and he thought she was a poet. When Lilah and Mac share an art room and become each other's muses, they discover they are a Good Girl and a Sir. In their secret room they explore their darkest desires. But Lilah already has a Daddy and Jameson is going to need her back, because Lilah is not just his Baby Girl, she is his Partner In Crime. I takes just eight weeks for them to create a beautiful dark love story, which ends in a broken heart and an empty room. Who breaks whose heart, and why does one of them have to run? In Lilah's words - "I love you for many things. But I never told you that, and now I guess, I never will. Unless I can find some way to reach you. Some way to get a message in a bottle to arrive at the edge of your ocean. Is this what this story is? One long love letter to you? Because everything we know about each other, was contained in that room. I thought we'd always be there. I never thought about how I'd find you if ever you were to leave. Or, if ever, I were to have to run." For information on the book City Of Need, please contact me via instagram @a.girl.called.violet NEED TO KNOW! Spiced rated between 1 & 3 with 🔥 and are set between April & June. Heart broken chapters are flagged with 💔 and are set in June. TRIGGER WARNINGS ⚠️ Consensual non-consent Punishent Pet play BDSM scenes Heartbreak Suicide Copyright ©️ all rights reserved.
The Tidy Guide to Writing, Editing, and Publishing Your Novel by RachelAukes
65 parts Complete
Do you dream of writing a novel, but not sure where to start? Have you been working on a book for ages but feel stuck? Despite all your best efforts, do you feel overwhelmed? Here's a clutter-free guide for planning and writing your novel right the first time. This guide is broken into three 30-minute parts, with every chapter being a super-fast read so you can fit in reading whenever you can find a free sixty seconds. In Part One, you'll learn how to: • Plan and organize your story ideas by breaking them out into easy, digestible bites • Use the simple yet mighty Little Ups approach to confidently write your first draft and subsequent drafts Part Two gives you a no-nonsense approach to revising and polishing your book. You'll learn: • Self-edit your novel with a calm, motivated mindset • Polish your story so that it outshines the competition And, Part Three answers your publishing questions and gives you the tools and confidence you need to have your story published. In this part, you'll learn: • Prepare your novel for the publishing process, whether that's pitching to agents, selling to editors, or self-publishing • Query agents who can sell your story to the right publishing house • Self-publish your story as a professional-grade novel The Tidy Guide to Writing a Novel is a quick read that's jam-packed with information essential for writers at any stage in their careers. ***NOTE: THIS IS A WORK-IN-PROGRESS. ALL FEEDBACK WELCOME!***
Mr. CEO's Fiery Nanny by ankitawrites_Xx
52 parts Complete
I beg to differ that.", I sassed and got out of his grip ready to move out of the room when he pulled me by my elbow and the next second I was pushed on the visitor's chair. He trapped me completely by keeping his palms on the arms of the chair. "I tried to tell you patiently.", I scoffed at his words. Patience and he don't go in a single sentence. He gripped my chin making me look into his eyes."Now listen carefully Miss, I want you for my niece as her babysitter. Tell me how much you'll take and we can seal the deal." This time it was me who blinked once, twice and thrice. "But I don't want to work for you." See the reason was absolutely clear. I liked the kid since the moment I met her but I hated this man from the moment I gazed into his eyes. "How much?" I frowned."You really think your money can make everyone dance on your tips?" "1200 dollars a week." I rolled my eyes making him lean towards me." 1500?" "Make it 15000 and still I won't work for you.", I retorted and pushed him. I walked to the door and gave him one glance."Next time when you talk to me, make sure you keep all your richness aside. That's one thing that I never want to see you again, you self-centred CEO." "We shall see." . . . Brave but lonely. Passionate but sensitive. That's Arielle Summers. For everyone, Money, Assets and happiness may be supreme but to her, self-respect is prime. Cold and reckless. Commanding and ruthless. That was Nicolas Arnold. He only cared for his niece, his Mama and his friends. Love life didn't exist until- she came into the picture. *No Toxic Relationship. No ex-crush/lover/fiance/wife. The male lead is the uncle of the child in this book, he's not a manwhore. There are no trust issues. * Impressive Ranking: #8 in love among 2.31M on 09/04/22 ©2021 ankitawrites_Xx CC: @YT_BookAwards_Covers
You may also like
Slide 1 of 8
Wife By Benefits✔  cover
Untouchable [Kylo Ren Mafia AU] cover
The Deeper The Hate The Deeper The Love cover
Ocean Of Need  cover
The Tidy Guide to Writing, Editing, and Publishing Your Novel cover
Mr. CEO's Fiery Nanny cover
OUTCAST  cover
Balotelli-Bale Series Book #4: THE OTHER MAN PART 1 cover

Wife By Benefits✔

32 parts Complete

Losing his wife by a ghastly accident Nathaniel Carter turns from being a husband to becoming a housewife. Now left to cater for this three years old son and his four months old daughter Nathaniel finds a huge challenge in that; 1) He doesn't have any knowledge or experience. 2) The business became a huge struggle. 3) Nonsupport due to his independent ways. How hard and frustrating can it be? So he thought until Samantha Mullins, his dead wife's younger sister came knocking his door. What benefits can she gain in the family she longed hope for? A Wife or A Mother? Or worst the pains that come with being Mrs. Carter? Started: 13th April 2020 Ended: 22nd June 2020 *READERS REVIEWS* @Disimbii ~ Best book I've ever read so far in Wattpad. Keep it up. Love the pull of both characters in it. @Khushi2721 ~ I want to read it like all the time..... @cahicahi23 ~ Love your story.. love how your story goes.. the twist, the characters... @ainyshar00n ~ Ohhh I simply love this @applesnsticks ~ I love how the story went from all lovey-dovey to dark mystery. Damn girl, you're so good. @StaiceyCole ~ This was a great journey of a wonderful story. You have a great potential at it, I appreciate and congratulate you for your talent. Cover by @xxinloves Highest Ranks: #1 Business (14-06-2021) #4 in Chicklit (26-06-2020) #3 in Business (03-07-2020) Copyright Victoria Onyedumaju©2020