@drstewart512
There are a number of ways this can be handled. Personally, I like to create a sales receipt and under 'Category', select the same bad debt item you used on the credit memo. That deposits the payment into the account selected under 'Deposit to' and reverses the bad debt expense as of the sales receipt date while also recording it under the customer profile.
If the bad debt expense credit memo that was created and applied to the previously uncollectable invoice was in 2024, you can delete it and then receive payment on the now-open invoice. If you close your books each month or the credit memo was from 2023 or earlier, then go with the sales receipt option.
