Billing Options: Write Off Reasons [in-depth guide]

Navigation | Add a write-off reason

Navigation

Menu > Admin > System setup > Time & billing > Write-off reasons

When closing out transactions on a project, you have several Form actions to choose from: 'bill selected items', 'mark as billed' or 'write them off' (to name just a few). When you write off the transaction in the billing worksheet, it does not have a direct impact on the general ledger unless you are tracking work in progress in the ledger.  When you write off the transaction in the billing worksheet, the post to work in progress will credit the labor write-off account.  You can use write-off reasons to categorize why transactions are written off.

NOTE: Performing a 'write-off' on a transaction will not prevent you from closing the project.

Add a write-off reason

1. Click to add a new write-off reason.  
2. In the Reason text box, enter a descriptive name for this write-off a reason.
3. In the Description text box, you can enter the longer description of this write-off reason.  
4. Uncheck the Active check box if you do not want this write-off reason used in the future.
5. Click the Save button.