Eric, The image you attached did not appear to contain anything. Presumably you raised an invoice when you billed the client which would have created an entry debiting Accounts Receivable and crediting the appropriate income account.
To record the bad debt you would create a transaction which credited Accounts Receivable and debited Expense:Bad Debts. This will cancel out the amount credited to Income in the original invoice. I had no difficulty creating such an entry in V4.10 with a test account setup for the business features. There was no limitation on the account selection when I created the transaction in the Accounts Receivable register. The Help manual https://www.gnucash.org/docs/v4/C/gnucash-help/busnss-ar-payment1.html has a description of how to do this using the process payment process which does have a restriction on processing the payment to an expense account. The key is to select an asset account (e.g. cheque account) when creating the transaction in Process payment and then after the transaction is created change the account from the asset account to the Expense:Bad Debt account. It is only the process payment procedure which has a restriction on the type of account you can select for a payment and there is no way that GnuCash could internally differentiate between a payment to an Bad Debts expense account and any other expense account as there isn't a specific account type for bad debts. David Cousens On Tue, 2022-06-21 at 19:43 +0000, Eric Hammond wrote: > I was not paid by a client, and have 'written it off', but how do I book it in > GnuCash? > Standard business practice is to post it in to an expense account such as 'Bad > Debt' or 'Uncollectable'. > I have created the account 'Expenses:Bad Debt' but GnuCash does not allow me > to select it, apparently only accepting an asset account. > > Thank you for the help, > > Eric > > > _______________________________________________ > gnucash-user mailing list > [email protected] > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
