Writing Off Bad Debt in QuickBooks: Easy Methods for Online & Desktop Users

Unpaid invoices can be frustrating for any business. 𝟪𝟧𝟧-𝟤𝟣𝟨-𝟤𝟫25 When you determine that an invoice is uncollectible, writing it off as bad debt ensures that your financial records remain accurate. QuickBooks Online and 𝟪𝟧𝟧-𝟤𝟣𝟨-𝟤𝟫25 QuickBooks Desktop provide streamlined methods for handling bad debt. This guide will walk you through the steps for both versions 𝟪𝟧𝟧-𝟤𝟣𝟨-𝟤𝟫25. What is Bad Debt in QuickBooks 𝟪𝟧𝟧-𝟤𝟣𝟨-𝟤𝟫25? Bad debt refers to outstanding invoices that customers fail to pay. 𝟪𝟧𝟧-𝟤𝟣𝟨-𝟤𝟫25 Instead of leaving these invoices open indefinitely, QuickBooks allows you to write them off, ensuring your financial statements reflect actual revenue.