How to write off bad credit

[Doug Laidlaw]

The problem isn't with GnuCash.  The problem is that people come to a list 
about software asking for answers to questions about accounting.  A half an 
hour with an accountant is money very well spent - and it is tax-deductible, 
as well.

Doug.

On Friday 16 January 2009 5:54:43 pm Wouter van Marle wrote:
> > If Gnucash isn't designed to handle such common business accounts as
> > customers on credit sales (A/R) failing to pay, then this is a *serious*
> > flaw. The same goes for Returns and Allowances and Credits. In this
> > particular case you *decrease* the person's A/R account and *increase*
> > the Bad Debts account. Why doesn't Gnucash allow this common method?
>
> In GnuCash 1.8.12 (or about - the previous version that I used for
> years) it was possible to post negative invoices. And it worked quite OK
> (the invoice payment registration part is somewhat broken anyway -
> you're according to Derek not allowed to change things by hand in the
> A/R and A/P registers but the software happily allows one to do this!).
> But Derek considered it a "bug", and it has been "fixed". I considered
> it a nice and sometimes useful feature.
>
> The business features in GnuCash are not great. It works. After using
> this for several years it still feels like a hack to me. And
> unfortunately it makes GnuCash a lesser option for businesses.
>
> Wouter.
>
> > Does Gnucash handle contra-accounts?? It certainly should. (need to find
> > my accounting book).
>
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