Forum Discussion

CT-56's avatar
CT-56
Trusted Cover User
4 months ago

LOAN WRITEOFF

How do I do a journal entry to write off a loan 

CT

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    4 months ago

    Hi CT-56

     

    I get that you want to make sure your loan write-off is handled correctly. If you're looking to write off customer debts, you can follow the steps in the 'Writing Off Bad Debts' article. However, if you need help creating journal entries for loan write-offs, it might be best to consult with a financial advisor.

     

    Feel free to start a new thread if you need any other assistance!

     

    Thanks,
    Genreve