David, On Tue, June 21, 2022 7:20 pm, [email protected] wrote: > Eric, > [snip] > 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.
Just creating the transaction directly is not sufficient -- you still have to map it to the Customer to "pay" the invoice. > 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. Yes, which is the process I pointed out several hours ago. :) > David Cousens > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. -derek -- Derek Atkins 617-623-3745 [email protected] www.ihtfp.com Computer and Internet Security Consultant _______________________________________________ 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.
