Bad debt refers to amounts owed to a business that are unlikely to be collected. This typically occurs when a customer is unable to pay their outstanding invoices due to financial difficulties or insolvency. Writing off bad debt is an accounting process used to remove these uncollectible amounts from the company's accounts receivable and financial statements.

We are excited to invite you to our  webinar on August 8th, 2024, from 10:00 AM to 11:00 AM, where you will learn how to:

• Identify bad debts
• Create a Bad Debt Account (if not already existing)
• Accurately record bad debt

We look forward to your participation! To register for the webinar, click here

Sharon: AME Country lead