What are the Steps to Write Off Bad Debt in QuickBooks?

Accountspro22 Mar, 2021Computer & Internet

Bad debt means a customer owes you money but you can't collect it. They have a debt with you, but you know you aren't going to get paid. If your business uses accrual method accounting, you can sometimes write off bad debt in QuickBooks as a deduction. When invoices you send in QuickBooks become uncollectible, you need to record them as a bad debt and write them off.