LOAN WRITEOFF
How do I do a journal entry to write off a loan
CT
Forum Discussion
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
