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← Receivables and Payables

Individual Value Adjustment

Occasionally, a customer may not have the money to pay an invoice when due, for example, when they have gone into insolvency or liquidation. In this case, your business's outstanding payment becomes unlikely to be collected. When you recognize a bad debt, you usually devalue the corresponding invoice amount by a certain percentage. This allows for reducing the relevant accounts receivable.

To support these scenarios, JustOn Billing & Invoice Management supports the individual value adjustment for invoices. With this respect, the following topics are relevant: