Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Accounts receivable

Enter Accounts Receivable Adjustments: Write-offs

You can enter adjustments to accounts receivable balances in Practice CS in the form of credit memos, debit memos, and write-offs.
Write-offs reduce accounts receivable. You can apply them to invoices, service charges, and debit memos. Write-offs are similar to credit memos and are usually used to distinguish the reason for reducing the accounts receivable in the general ledger.
  1. Select
    Actions
    , then
    Receipt & Adjustment Entry
    .
  2. Enter a
    Control Date
    .
  3. Select the
    Adjustments
     tab.
  4. Enter the
    Date
    . This is the date the transaction will be posted.
  5. Enter or select the client.
  6. Select
    WO
     in
    Type
    .
  7. You can enter a
    Reference Number
    , if needed.
  8. Enter the
    Amount
     of the write-off.
  9. If the
    Apply
     screen doesn't open:
    1. Select the ellipsis button between the
      Amount
       and
      Applied amount
       columns.
    2. Enter the amount of the write-off to apply next to the invoice or debit memo to apply it to.
  10. You can enter a
    Comment
     to describe the reason for the write-off and who requested or authorized it.
  11. Select
    Enter
     or press Tab on your keyboard to complete the transaction and move the cursor to the next transaction.

This article applies to:

  • Product: Practice CS
  • Subject: Accounts Receivable

Related content