Hi David, nice to see the documented method of writing off bad debts. However it seems hackish. It would be good to formalise the methods via a menu item or toolbar button.
Similarly, processing refunds is currently done afaiu via credit notes. Numerically it's fine, but does it pass the tax audit test? On Mon, 8 Mar 2021, 11:15 am David Cousens, <davidcous...@bigpond.com> wrote: > My description of the process has been from an accounting perspective. > > According to the Help Manual GnuCash cannot process the write off as a > payment in the simple manner of a manual transaction entry as I described > it > because the accounts in the payment logic are restricted and the use of > lots > for processing partial payments complicates the issue. > > Section 7.6.3 of the Help manual > (https://www.gnucash.org/docs/v4/C/gnucash-help/busnss-ar-payment1.html) > gives a process for writing off a bad debt to a Bad Debt expense account > which will achieve the desired result within GnuCash which AFAIK is still > valid. > > David > > > > ----- > David Cousens > -- > Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
