Hi Diane18,
I hope you've been having a great week so far. That's quite the interesting situation you find yourself in, and I can definitely appreciate how a bad debt written off in 2007 with a payment now would be a challenge to manage from an accounting perspective. I'll point you in the right direction for this.
Given the amount of time that's passed between the initial transaction and the payment receipt, and factoring in it being written off as bad debt, I strongly recommend reaching out to an accountant about this one to get their advice. It could be that you can simply delete the transaction created to account for the bad debt, or it might be more appropriate to record it as an entirely new transaction. Which is more correct here, I can't speak to since I don't have accounting training, and I want to make sure you get the right answers.
I'm quite certain my team and I have shared this link with you in the past, but just to make sure you have it, our Find an Accountant page is great for researching and finding QuickBooks-certified professionals who can help you with your books. I recommend visiting that page if you don't already have an accountant so that you can connect with someone.
I hope this helps you toward sorting this out. Take care!
