Manually Writing Off Invoices
Write-off is an accounting procedure for reducing or completely removing the value of an asset or receivable – for example, an uncollectible payment for an invoice.
JustOn supports writing off invoices using specific balances that count against the invoice balance.
You can write off an invoice or credit manually. Doing so creates a balance of the type
Write off, which is immediately assigned to the current invoice or credit. By default, JustOn sets the current open amount of the invoice or credit as the balance amount. You can, however, modify this value.
To manually write off an invoice or credit:
- Open the Invoices tab.
- Click the invoice number to open the relevant invoice or credit.
- Click Write Off.
- Modify the amount, if necessary, and specify the write-off reason.
Optionally, deselect the
The write-off amount is always a gross value. You can control, however, how JustOn creates the corresponding booking details.
When selected (default), JustOn calculates taxes on the current amount, which will produce net and tax booking details. If you deselect this checkbox, JustOn will not calculate taxes and consequently produce one gross booking detail.
This creates a balance of the type
Write off, which is immediately assigned to the current invoice or credit.