Bad debts

System
System Posts: 100,537 🤖 Admin 🤖
edited June 9 in General accounting discussion
Hi

Can anybody tell me how to post a bad debt on Sage Instant Accounts when the invoice is dated before the beginning of the financial year?

Thanks

Dottie

Comments

  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Bad debts

    Could you enter a credit note, posting it to bad debts?
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Bad debts

    That is what I have done with a date for the credit in the current year, but then I have a comment in the "check data" section saying "year to date turnover is negative". Is there a way to get rid of the comment?

    Dottie
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Bad debts

    I don't use sage so don't know how you'd stop the comment, but i guess that once you've raised invoices for over that amount in the current year that it'll go away!
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Bad debts

    I don't think you'll be able to get rid of the comment as you have posted the credit note in the current financial year, but you say the original invoice is before the current year.

    Don't worry too much about the comments in the check data section - it is warnings which you have to be concerned about.

    Regards.

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