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by redruu58
22 Feb 2012, 14:36
Forum: Sage 50 UK version General Help
Topic: Bad debt write off
Replies: 2
Views: 2735

Bad debt write off

Can you explain the entries of a bad debt please.

I have a customer that I need to write off as he has gone into insolvency.
I am not sure how to do this. plus what do I do with the VAT?
I am not using cash account and the invoice is only a month old.