[GNC] Help

[davidcousens49 at gmail.com]

Apologies Derek,

I hadn't seen you post before putting up my own reply. I tend to go through my
emails serially. I'll remember to switch the grouping by threads on in my
client.

David 


On Tue, 2022-06-21 at 19:41 -0400, Derek Atkins wrote:
> David,
> 
> On Tue, June 21, 2022 7:20 pm, davidcousens49 at gmail.com wrote:
> > Eric,
> > 
> [snip]
> > To record the bad debt you would create a transaction which credited
> > Accounts
> > Receivable and debited Expense:Bad Debts. This will cancel out the amount
> > credited to Income in the original invoice. I had no difficulty creating
> > such an
> > entry in V4.10 with a test account setup for the business features. There
> > was no
> > limitation on the account selection when I created the transaction in the
> > Accounts Receivable register.
> 
> Just creating the transaction directly is not sufficient -- you still have
> to map it to the Customer to "pay" the invoice.
> 
> > The Help manual
> > https://www.gnucash.org/docs/v4/C/gnucash-help/busnss-ar-payment1.html has
> > a
> > description of how to do this using the process payment process which does
> > have
> > a restriction on processing the payment to an expense account. The key is
> > to
> > select an asset account (e.g. cheque account) when creating the
> > transaction in
> > Process payment and then after the transaction is created change the
> > account
> > from the asset account to the Expense:Bad Debt account. It is only the
> > process
> > payment procedure which has a restriction on the type of account you can
> > select
> > for a payment and there is no way that GnuCash could internally
> > differentiate
> > between a payment to an Bad Debts expense account and any other expense
> > account
> >  as there isn't a specific account type for bad debts.
> 
> Yes, which is the process I pointed out several hours ago.  :)
> 
> > David Cousens
> > Please remember to CC this list on all your replies.
> > You can do this by using Reply-To-List or Reply-All.
> 
> -derek
>