When applying payments to invoices, you can include a small write-off to ensure the entire payment is allocated even if there are slight rounding differences or remaining cents.
Write Off during a Sales Receipt Allocation
Here are the steps how to Write Off during a Sales Receipt:
- Current Year > Sales > Client Maintenance
- Select the Client > Posting Button (Ctrl + T)
- Sales Receipt
- Insert the Amount of the Payment
- Before Allocating the amount click on the Write Off button (Ctrl + W)
- Insert the amount Written off and choose the Account
- Tick the Transactions you want to Allocate > Post (Ctrl + U)
Write Off during an Unallocated Entries
Here are the steps how to Write Off when doing Unallocated Entries:
- Current Year > Sales > Client Maintenance
- Select the Client > Posting Button (Ctrl + T)
- Unallocated Entries
- Trick the Transactions you want to Allocated
- Click on the Write Off button (Ctrl + W)
- Insert the amount Written off and choose the Account
- Post (Ctrl + U)