to write off shortpayment a purchase invoice
my record has oustanding AP of a purchase invoice from a vendor. But the vendor doesnt acknowledge it in their record. How to write off in my MYOB record this balance purchase invoice. Thx
Forum Discussion
Hi Agspec4
Thanks for your post. Generally, you would write off a bad debt by creating an expense account, then creating a customer return using that account number and applying the credit to the invoice.
As it is the reverse in your situation, you may need to confirm the following instructions with a financial advisor, but here is our Help Article on how to write off customer debts: Writing off bad debts.
Hope that helps.
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