write of supplier invoices as they are in liquidation

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Experienced User
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Experienced User
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write of supplier invoices as they are in liquidation

Hi there,

 

We have an old supplier invoice in system, the supplier is in liquidation

 

We have flagged our dispute with the administrators, therefore
we will not be paying the invoice.
 
What's the correct way to wirte off this purchases.
 
Thank you
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Ultimate Partner
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Ultimate Partner
Australia
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Re: write of supplier invoices as they are in liquidation

@nancyq 

 

Nancy,

 

Has the Liquidator responded?

 

I would use the normal method ie create negative invoice and apply.

 

Duncan

Duncan Smith
Business Advice + Tax
Helping business owners build a better business since 1998
E expressgst@optusnet.com.au T 02 9904 3672 7 days

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