Bad Debt

How to Deal with NSF Cheques & Bad Debt in QuickBooks

Somewhere along the way in dealing with Customers, you will eventually come across an NSF cheque. It happens, it’s part of business, so don’t get too bent out of shape. How you record this will definitely make a difference. In recording this NSF cheque you will have to reverse the payment in the Customer account and add the bank charge as part of this entry. So with that in mind...

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