[SOLVED]Bad Debts Recording

[Omer Hayat]

Got it now.
Thanks.

> From: maf at chilwell.net
> To: gnucash-user at gnucash.org
> CC: omer.hayat at outlook.com
> Subject: Re: Bad Debts Recording
> Date: Fri, 8 Nov 2013 16:54:08 +0000
> 
> On Fri 8 November 13 20:27:49 Omer Hayat wrote:
> > thanks for the responses.
> > If I were to put down Maf's method in double entry form, then it would be:
> > 1st entry:Dr Bank    Cr A/c receivable
> > then, 2nd entry:Dr Bad debts    Cr Bank
> > Which can be summarised in a single entry as:Dr Bad debts   Cr A/c
> > receivable It would have been better if this was possible thru the 'Pay
> > Invoice' dialog.
> 
> 
> Hi,
> 
> Not exactly.
> 
> You can't "process payment" to an expense account.  It is a GC limitation. 
> AFAIK, it isn't being changed in the development 2.5 series.
> 
> So as an intermediate step, you pay to a bank account, then edit that 
> transaction from the bank account side and end up with a transaction between 
> AR and Exp:BadDebts, not two transactions. (as per your summary).  
> 
> You did also ask about a partial default, which would be a split transaction 
> eg
> Dr 30 bank
> Dr 70 bad debt
> CR 100 AR
> 
> process payment for the full 100 to bank, then manually split it out as 
> required.
> 
> HTH,
> Maf.
> 
> 
>