There is a remaining balance for a client/project where funds will not be collected. How to write it off in BillQuick?
To do so:
- Go to the Payment screen from the Billing menu, Receive Payments.
- Select your client/project with an outstanding balance.
- In the Pay Method drop-down list, select Write-off.
- Enter the Amount to be written off.
- Check the Apply box next to the relevant invoice.
- Save your changes.
Note: If you sync with QuickBooks, a write-off will transfer over as a credit or discount.