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
Blame it on our Fates by candyflossmachine
54 parts Complete
♡ His gaze was deep, deeper than the purest oceans, fixated on my every move, making me squirm under the heat. If it were not for my helplessness, I would have never even been here in the first place. But yes, I needed his help before it was too late and my grades and the ground-level were equally at height. So I was expecting him to be cocky, make a huge deal out of him. But I was definitely not expecting what stumbled out of his mouth. ❝Okay, I'll tutor you Brown. But you also have to agree to what I say,❞ he said as his lips twitched upwards into his infamous signature smirk. ❝And what is that may I ask?❞ I asked him as I crossed my arms against my chest. ❝You have to be my friend,❞ he said, the little smirk vanishing, and in its place was a smile I wasn't used to. ♡ When something terrible happens in the life of the 'Nerd Of the School', a title she earned back in the middle school, Cadence Brown is shaken. Her focus from her ultimate goal; studies is disturbed. She wants to get back in line and concentrate again on her studies but is unable to, because of the constant plaguing of her self deprecating thoughts. Nolan Moore is the scary, broody bad boy everyone was afraid of. His name is enough the send an uncomfortable shiver down one's spine. Despite having rugged looks, the girls are too scared to flirt with him and the guys, definitely don't want to mess with him, risking to break a bone or two. But deep inside the bad boy facade was a guy who is a nerd, someone who scores really well. ♡ When circumstances force Nolan to tutor Cadence, he jumps at the opportunity and a new friendship is bloomed. ♡ Warning: Do not read this book. It has many typos. Though I am a Grammar Nazi, I am a human first and hence the mistakes! Read at your own risk! The book gets better after 10
Birds On a Wire by Caitrinelizabeth16
41 parts Complete Mature
Just when I thought I had escaped Jay's taunting, I hear his voice from the doorway. "Do you have a thing for the new boss? Are you really that pathetic?" He continues his beratement. The shame he inflicts on me shakes through my hands as I pour coffee grounds into the filter. It grows into defensive irritation with little additional thought. "Are you that pathetic?" I twist it around on him. "You have nothing better to do than make believe interoffice romances? Honestly, get a girlfriend or something." "Are you volunteering?" "No." I answer quickly, almost laughing. "You couldn't pay me enough." He shakes his head. "Is that what you do for money? Whore around people doing better than you?" The words come from his mouth with hardly any time for him to have thought them through. I guess insults like this are second nature to him. "Maybe that's why you're after Porter now." "Would you shut up?" I ask, my tone adopting a harsh edge. "Your stupidity is giving me a headache." My finger hits the start button on the coffee maker a little harder than necessary before I turn and try to leave. Jay stands in my way. "And your desperation is giving everyone in this office something to laugh at." He looks down at me in intimidation. "At least keep your diseases to yourself instead of spreading it around the office for money." Nothing is worse than an overconfident asshole. At least, not to Raven, being a single mom is hard enough. Unfortunately for her, the term 'asshole' barely begins to describe her coworker. Jay Forester is conceited, breathes out an insult with every breath, and vindictive for no apparent reason. Every moment spent with him pushes Raven closer to her whits end, and she doesn't even know the whole story yet. But then again, neither does he. NEW CHAPTER EVERY SUNDAY MATURE POSSIBLE TW: MATURE LANGUAGE, VIOLENCE, DEPICTIONS OF PHYSICAL AND SEXUAL ASSAULT
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!***
Love or In Love (COMPLETED) by theincassableauthor
46 parts Complete
"Wanna dance?" I smirked. "Lead the way." He smirked back. I tugged him seductively on his shirt and made my way to the dance floor. I placed both my hands around his neck. His minty smell filled my sense while his hands traveled down to my hips. He grasped them gently and swayed me to the rhythm. He slid his hand lower onto my ass and squeezed it gently. Jordan pulled me in closer and our faces were inches apart. Kiss him! Fuck he's so hot Kiss him! Kiss him now! Jordan's eyes darkened. The gleam of desire in his eyes was extremely evident. I knew he was leaning in to kiss me. Heck he wanted to do more than kiss me. I wanted to as well! My brain was yelling for me to do so! That's when I realised, my main motto was to leave him tempted, hungry for more, not eat his face again. I ran my tongue gently but quickly across his lower lip and pulled away. Without looking back, I made my way to the bar ** Looking for a book with a badass, boss bitch, woman, who doesn't take shit from anyone? Meet Lexi Hunt. Co-operate lawyer by day, but a full-on sass queen 24/7. Lexi thought she met her ONE TRUE love, Jackson Avery. He broke her heart by cheating on her thrice. Years later, he walks back into her life, not only as an opposing lawyer on a huge case, but also as a lover, desperate for her forgiveness. Someone who wants her back! Lexi can't deny the fact that she still held a torch for him all these years later. Causal drinks lead to causal hook ups. But unexpectedly, a casual hook up turns into a colleague, turns into best friend. But does that turn into more? Jordan Jones. Hunt's colleague turned best friend and safe haven. After a few scandalous sessions, do you think Jordan will still stay in the friend-zone? But does he want to get out? Will Lexi have to choose between the one she loves and the one she is in love with? Read to find out ;) Best Rankings: 1st in lawyer 1st in notcheesy 1st in messylove 1st in mygirl
Love Penalty  by DramaQueenforreal
33 parts Complete
COMPLETED✅ The punishment for murder is the death penalty, what about love? "Innocent until proven otherwise" Does this apply to matters of the heart? A story in which a lawyer ends up defending an inmate convicted of rape and second degree murder- that he claims he never did. Is he guilty? Is he innocent? Most importantly, is it morally acceptable to fall in love with an alleged murderer and rapist, let alone a client of hers? ❣️❣️❣️ Excerpt: When his shirt is dangling from his hand with him lifting it up towards his face to wear it, I snatch it from his hands. Throw it on the table beside me and grab his neck with one hand and my other traces his defined abs, and kiss him with full force. I thought he might pull away, saying he doesn't feel the same way towards me and I'm just his lawyer. That we're adults and need to refrain from acting like hormonally-driven teenagers. On the contrary -to my surprise - he kisses me back with the same amount of intensity and passion. One hand is on the side of my face and the other is holding me by the waist. We both taste like waffles and fresh strawberries and it's not something to complain about. Only when we're both out of breaths, we pull away, he smiles against me "What was that for?" He asks with his both hands on my waist now. "I've been meaning to do that for a while now" I truthfully answer his question. He has been on my mind 24/7 non stop from the moment I took his case. ❣️❣️❣️ *contains mature themes. *contains swearing. 8/3/2020 -> #1 in OnTrialForMurder #2 in notmeanttobe 8/8/2020 -> #3 in wtfamidoing 10/16/2021 -> #13 in fml 7/20/2021 -> #1 in ihateeverything 10/10/2021 -> #39 in mixedfeelings 4/18/2022 -> #1 in prison #2 in murder #1 in lawyer #1 in damaged
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 10
Bryan Brent(The U-Turn) cover
Wife By Benefits✔  cover
Blame it on our Fates cover
Birds On a Wire cover
The Tidy Guide to Writing, Editing, and Publishing Your Novel cover
Love or In Love (COMPLETED) cover
Love Penalty  cover
Balotelli-Bale Series Book #4: THE OTHER MAN PART 1 cover
Mr. CEO's Fiery Nanny cover
OUTCAST  cover

Bryan Brent(The U-Turn)

79 parts Complete

Four good hours gone and yet nothing - no solution. I kicked a chair in my office hard sending it flying through an empty space as it crashed to the floor. Shelving off all the documents on my table to the floor, I created a perfect mess. The feeling of frustration engulfed me, tightening all the muscles in my body. It was like I was having a panic attack. I quickly helped myself to the bottle of whisky on the bar and drank uncontrollably from it. I remembered the last time I drank this way and what happened. But at this moment, all I needed was to forget everything that was happening. Closing my eyes briefly to relieve all of the tension, I opened them again but the pain was still there, the reality of my loss was dawning on me completely and I was helpless. 'Desperate times calls for desperate measures' that's what they say. Bryan a twenty-seven years old billionaire had a perfect life until Maryrose Brent, his mother decides to show up after ten years and a supposed dead uncle finally resurrects. Suddenly his perfect life takes a U-Turn and begins to crumble bit by bit before his eyes. Could it all be a mere coincidence or is there someone truly behind all of the happenings? And how far, are they willing to take it? Perhaps, till the last breath is sucked out of his body. [Unedited] Started February 2020 Ended July 2020 Word count [144,591]