TOPS [ONE] Version 4.2.6.5
Description
This guide will go over how to waive a bad debt
Step By Step
1. Click Accounts Receivable then Adjustments
2. Click Owner Adjustment
3. Locate the code to remove the charge from
4. Enter a negative number (using a minus sign) in the box under adjustment. This will reduce the owner's balance.
Example
5. The codes default Credit and Debit accounts will be used for the transaction. To edit the gl accounts being used, click Show General Ledger.
6. Remove your income account, and click the 
to add the Bad Debt Expense account
Click X to remove the account currently selected, then type the account number or select the folder icon to search your accounts.
7. Review the page. When complete, click Post
More Accounts Receivable Articles
Apply Prepaid Removing a Recurring Charge on a Property Add/Edit an Assessment Amount for a New/Different Fiscal Year Waive a Bad Debt Owner AR Beginning Balance Entry Refund Owner Credit TOPS [ONE] How to Add/Edit Owner Security Deposits Setup/Add Assessment Codes Owner Payment Adjustments Editing an Owner Payment Check Number
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