To help us answer this in the most accurate way for the situation,what is the reason for the write off?Have they issued you a credit note/refund or is it the case it is something you will not be paying?
You can either
Create a credit note and use that to pay of f the bill for that amount
create a journal entry and use to 'pay off' the supplier balance using the creditors and supplier name on the 1st line,the 2nd line would be the account you are putting the write off to. Do you have a bad debt account set up for your debtors? Are you wanting this to show on your balance sheet?
It all depends on how you want it to show,apologies for the questions but we can only give general advice as we are not accountants
Hello - we made a 60p underpayment in error. The supplier has written this off and it is not showing as outstanding to them on the monthly statement from them, so I just need to get rid of it off our system
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
We have to collect some data when you use this website so it works and is secure. We'd also like your consent to collect data to study how people use our site. Doing so helps us improve our services and allows us to tailor the marketing you see on our site. Select 'Accept cookies' to agree or 'Cookie settings' to choose which cookies we use. You can change your mind at any time by clicking the 'Manage Cookies' link.
Choose your cookie preferences
Some cookies are needed to make our website work and can't be turned off. But we need your consent to use others that are not essential. You can make your choices below and update them at any time using the 'Manage Cookies' link. To find out more, visit our Cookies Policy.
These cookies are necessary for the site to function. They also help us keep your data safe.
These cookies allow us to enhance your experience and remember your preferences, region or country, language, and accessibility options.
These cookies tell us how customers use our website. We study and organize this data to help us optimise our content and provide you with personalised experiences.
These cookies help us provide you with relevant communications and ads in our products and on other sites.