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Write Offs - Screen Overview

Write Offs

Screen Code: arwoffk1

This option allows you to write off the account balance in two methods (a bad account usually refers to eliminating an account receivable due to the customer's inability to pay the amount owed or due to the amount being uncollectible).

Write Off the account balance for a single account
Write Off the account balance for all the accounts based on a time period of 30 Days, 60 Days, 90 Days, or 120 Days

Only accounts with inactive statuses will be considered for write-offs.

Note: After completing this process create Journal Entries from the Accounts Receivable Journal Entry Process menu.

Navigation Tip: Accounts Receivable >> Miscellaneous Processes >> Write Offs.

Note: Recommended to choose this option ‘Print the Report’ and review the report.

It has the following parameters:

Field	Description
Account Number	Customer account number (e.g 100-0001200-001)
Accounts with balances over	Choose account balance over 30 Days, 60 Days, 90 Days, or 120 Days
Maximum balance	The minimum balance that an account must owe in order to be written off. Leave this field blank to write off the maximum balance.
Date to age balance for over 120 days	If accounts with a balance over 120 days are chosen, then enter the specific date.
Print report only or update accounts	Print Report Only - Recommended to choose this option first and review the reports. Update accounts - Update account balances.
Print SS# and DL# on a report?	Include or exclude Social Security Number and Driving License Number in the report.
Transaction date to use for write-offs	The date on which the write-off transaction is to be executed.

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