How Do I Write Off an Invoice?
There are times when you may bill a client, and do not expect to receive payment for this invoice. If you wish to remove this balance from your Accounts Receivable, you can write off the remaining balance. The amount will be Removed from AR
, and added to a separate account called "Bad Debt/Write-Offs." You will also be able to view a summary of the total written off in a chosen date range through the Write Off Report.
Once in the invoice edit page, select the Actions Button, and choose Write-off.
Check off the Write-Off box which will display the remaining balance on the invoice.
You can change the date and add a reason for the write off before hitting save.
You can only write off the balance of the invoice. If you wish to write off part of an invoice, a payment or discount must be applied to bring the balance down.
How Do I Undo a Write-Off?
If you have previously written off the remaining balance of an invoice, but end up receiving payment for it, you can easily undo the write-off. Undoing the write-off will bring the balance back to the invoice, and increase your Accounts Receivable ...
How Do I Write-off an Invoice?
What do you do when you know that a client is not able to pay an invoice and you have to write it off as a loss? Zola Suite's new Write-off feature will enable you to write-off this debt and track it as a loss. You will no longer need to provide a ...
How Do I Generate an Amount for Trust Replenishment on a Client’s Invoice?
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Can I Edit or Delete Invoiced Time Entries?
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