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darlene-cameron
Level 1

I have received a partial payment on a bad debt written off. Where would I code this payment?

 
5 Comments 5
JamesM4
QuickBooks Team

I have received a partial payment on a bad debt written off. Where would I code this payment?

Hi there,

 

hanks for reaching out to us here. QuickBooks is a powerful program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

Recording your transactions the right way is essential for ensuring your books remain accurate. I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. I'm here to steer you in the right direction.

JamesM4
QuickBooks Team

I have received a partial payment on a bad debt written off. Where would I code this payment?

Hi there,

 

hanks for reaching out to us here. QuickBooks is a powerful program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

Recording your transactions the right way is essential for ensuring your books remain accurate. I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. I'm here to steer you in the right direction.

JamesM4
QuickBooks Team

I have received a partial payment on a bad debt written off. Where would I code this payment?

Hi there,

 

hanks for reaching out to us here. QuickBooks is a powerful program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

Recording your transactions the right way is essential for ensuring your books remain accurate. I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. I'm here to steer you in the right direction.

JamesM4
QuickBooks Team

I have received a partial payment on a bad debt written off. Where would I code this payment?

Hi there,

 

hanks for reaching out to us here. QuickBooks is a powerful program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

Recording your transactions the right way is essential for ensuring your books remain accurate. I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. I'm here to steer you in the right direction.

MaximumBookkeeping
Level 1

I have received a partial payment on a bad debt written off. Where would I code this payment?

You can make the following journal entry:

 

DR Bank

  CR Bad debt 

 

Don't forget to add the sales taxes.

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