Bad Debt

[Hilary]

That was kind of my thinking but I can't pay an invoice in gnucash from 
an expense account.  So do I pay the invoice to a liability account and 
then balance that with the bad debt account?

On 05/30/2013 01:08 PM, David Both wrote:
> Create an expense account named "Bad Debt." Add an entry in the 
> account which contains the debt and balance it with the Bad Debt 
> expense account.
>
>
> On 05/30/2013 12:51 PM, Hilary wrote:
>> Could anyone help me with a step by step way to account for bad 
>> debts? I get the basic idea but am unsure how to implement on 
>> gnucash. Any help would be appreciated.
>>
>> Thanks,
>> Hilary
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