Write off a Disbursement

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Karen Posted: Thu, Oct 28 2010 2:33 PM

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I need to write off a few accounts that have disbursements in them.  I'm a little confused as to which GL account I will need to use to write the disbursement off.  I know our client disbursement clearing account is 5210 - but I don't think that is the account I should use to write off the disbursement. 

We use PCLaw Pro v.10.03a.

Please help!

Thank you!

Karen Ward

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Cindy Emmerson replied on Sun, Dec 5 2010 9:44 PM

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Karen,

I'm not sure if your question was answered.  There are two GL accounts installed by Default.  You can sort your list alphabetically and search for Bad Dept Expense or Client Disb W/O Cash.  The second account name isn't as intuitive.  The important thing is to use the same account unless you need to categorize different types of write-offs (which is usually not necessary).  If you do not have those accounts in your list, you can create a new one (Options > Lists > GL Accounts), name iit Client Costs Write Off, and make it an Expense account.

Hope this helps.

Cindy