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How to Write Off Bad Debt in QuickBooks Online
Writing off bad debt in QuickBooks Online is a straightforward process that allows you to accurately reflect the financial health of your business. When a customer fails to pay their outstanding invoice, it becomes a bad debt. Writing off bad debt removes the unpaid amount from your accounts receivable and recognizes it as an expense. Here's a step-by-step guide on how to write off bad debt in QuickBooks Online.
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