Removing Non-paying customers

Discussion in 'Peachtree Accounting' started by, Jan 6, 2009.

  1. Guest

    Using PT Complete 2008.

    How can we remove customers have not paid? We just want to get rid of
    them. We are not going to try to collect anymore.

    , Jan 6, 2009
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  2. Carla Guest

    First you have to write them off. Enter a negative invoice for the
    total that credits accounts receivable and debits BAD DEBTS Expense.
    Document this carefully for tax purposes if it's a material amount.

    Then you should do a 0 Receipt to be able to check off all the
    invoices and the write off. Otherwise they'll show up for all time in
    your A/R reports.

    That's how I do them.
    Carla, Jan 14, 2009
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