Having read loads of threads about this, has anyone actually had to write off a customer invoice as a bad debt using QBO? I've only been using this for a couple of months and concerned it's going to go wrong like everything else has .....
I know I need to create a new Expense account in Chart of Accounts with S20% VAT (Call it Bad Debt or whatever), but what do you actually do with the invoice in question as it's obviously being auto ticked every time I go to receive payments - if thak makes sense
Thanks