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Tag Archives: Write-off
Bad Debts / Un-collectible Accounts
A bad debt or un-collectible account is a receivable owed by a customer, client, or patient which the business owner or creditor is not able to collect. Bad debts may be written off by the creditor at the end of … Continue reading
What Can I Do If a Customer Just Won’t Pay?
Question: What Can I Do If a Customer Just Won’t Pay? Collections Rule #2 is: Some people won’t pay, no matter what. In these cases, you have one recourse: take the amount off your sales and take the tax deduction … Continue reading
Posted in bad debt, costumers, tax deduction, what to do, Wont pay
Tagged Accounts receivable, Bad debt, Collection agency, Customer, Debt, Tax deduction, Write-off
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