Bad Debts Inquiry

Accounts Receivable Menu -> Bad Debt Write-Offs -> Bad Debts Inquiry

This option reviews all Bad Debts records with any Collections, and displays the balance outstanding on each Bad Debt.
 The prompts are:

ENTER STARTING CUSTOMER #

Leave this field blank to view records for all customers, or to narrow the search enter a beginning customer number, or lookup the starting customer in the Accounting Customer Search window.

Resulting Document List:

CUSTOMER #

The customers display in customer number order on the screen.
 There may be multiple records for a customer if more than one Write-off has been required. These are listed in date order.

NAME

The customer's name is displayed.

DATE

The date of the Bad Debt write off is displayed.

WRITE-OFF AMOUNT

The original amount of the Bad Debt is displayed.

COLLECTED

The gross amount collected is displayed.

A window is provided to view the details of the collected amount. If more than one collection entry has been made for this bad debt, each record will list in the Collection Details window as follows:

DATE

This is the date of the collection.

AMOUNT COLLECTED

This is the gross amount collected from the bad debt customer.

COLLECTION FEE

This is the collection fees charged by your firm or by the collection agency.

LEGAL FEE

This amount covers the legal charges that were incurred in the collection process and need to be paid out of the collected amount.

TAX

The tax amount charged on the recovered amount is displayed.

NET RECEIVED

The amount of the payment applied against the original bad debt is displayed.

BALANCE

The balance owing on the original Bad Debt is displayed.
 Balance on the Bad Debt is the Write-Off Amount less Net Received

Topic Keyword: ARBD20