Bad Debts
To write off a customer invoice as a bad debt, first ensure that the 'Bad Debts' nominal account is flagged for viewing within your Sales transactions screens:
Go to Setup > Show/ Hide Nominal Accounts:
- Select 'Bad Debts' from the drop down list
- Tick to flag the account for viewing in 'Sales' (if not already done so)
- Click 'Update'
Go to Sales > Batch Entry:
- Enter relevant reference, date and choose the customer (also enter a narrative if required)
- Choose “Bad Debts” as the Nominal Account
- Enter the VAT inclusive amount of the invoice as a MINUS and choose the VAT rate that was applied to the original invoice.
- Post entry
Need help? Support is available at 01 8352074 or thesauruspayrollsupport@brightsg.com.
GeneralBureau Users OnlyCompany SetupCustomersSuppliersProductsOpening BalancesCustomising for your useSales EntrySales Invoice PrintingCustomer StatementsReceipts EntrySales Related ReportsBad DebtsPurchases EntryPayments EntryPurchases Related ReportsBank TransfersReconciling Bank AccountsCorrections and DeletingVAT ReportingDirectors TransactionsSubcontractorsPrincipal ContractorsFixed AssetsReportsPetty Cash TransactionsLease RepaymentsHire Purchase RepaymentsDirectors Salary / RemunerationThesaurus Payroll JournalThird Party Payments / Form 46GJournal EntryAudit FileAccounts ProductionStock ControlArchive TransactionsBacking up your Company FilesRestoring a Back UpCSV ImportSchools Version
