When your company sells anything on credit,then the company records it in its accounting books as account receivable. And
this account receivable is highly chance to didn’t get money from the customer.
By the way, this account receivable comes under current assets. So it is
necessary to keep a record of it while creating a
balancesheet.Overall
WriteOff Bad Debts in QuickBooks Online are a term when you sell goods on credit, butcustomer did not pay the amount that he has to pay to you. It is known as bad
debts for the company or uncollectible expenses. So let’s see how to record bed
debt in Quickbooks below…
