Bad Debt
Good Afternoon,
It would be beneficial if invoices that become uncollectible due to bankruptcy or fraud could be updated to reflect bad debt whereby they would be eliminated from outstanding invoices and revenue numbers but still show as a record for tax verification purposes. Perhaps a note section could be included to indicate the reason the invoice is uncollectible and the efforts taken attempting to collect.
Respectfully,
Tim Hunt
0
Please sign in to leave a comment.
Comments
0 comments