Sync Write-Offs with QuickBooks Online

If you are not going to be paid for a portion of an invoice (for example, the amount outstanding has become a bad debt or you are offering a client a goodwill gesture), then Pet Sitter Plus supports an invoice write off function where you can write off the total or part of the amount owing. 

Write offs are a common accounting function and a means by which to write off bad debts from your set of financial accounts. 

TABLE OF CONTENTS

• Does the QuickBooks Integration Support Write Offs?
• Where Would I Find a Write Off In QuickBooks Online?

The Write off is shown in the Clients Orders & Invoices when you click on the Invoice Number to view the invoice, and if the whole amount of the Invoice is written off, it will mark the Invoice as Paid.

Does the QuickBooks Integration Support Write Offs?

Yes, simply process a write off in Pet Sitter Plus in the normal way and it will be processed as an equivalent write off in QuickBooks after synchronization. 

Once synced, the write off will be displayed in the Last Sync Page:

Navigation: Connect > Accounting Systems > QuickBooks Integration > Last Sync

Where Would I Find a Write Off In QuickBooks Online?

Write offs recorded in Pet Sitter Plus are synced as double entries to QuickBooks in the following way:

Chart of Accounts

• As a Credit Memo in the PSP-Bad Debts Account

• As a Credit Memo in the Account Receivable (A/R) account.

Client Account

A write off is displayed as a credit memo in the Client Account in QuickBooks, with an associated (zero) payment and a marked status of closed as shown below:

Info: Further reading....
Sync Transactions in QuickBooks
What Information is synced with QuickBooks Online?
Sync Refunds with QuickBooks
What happens with Voided Invoices in QuickBooks?
Sync Invoices with QuickBooks