How do I write off an invoice to Bad Debts in Ostendo?

How do I write off an invoice to Bad Debts in Ostendo?

1) Create a Category called Bad Debts
2) Create a Descriptor called Bad Debts and link that Descriptor to that Category.
3) Create a Cost Centre called Bad Debts
4) Map this Cost Centre in the Link Program to your Bad Debts GL account
5) Create a Sales Mapping Matrix Rule against a Direct Invoice Order Class and Category Bad Debts and specify the Bad Debtors Cost Centre as the Income Cost Centre. (COS Cost Centre not required)

Then to process a Bad Debt, simply create a Direct Invoice (Credit) using the Descriptor Bad Debts
This will:
CR Debtors
DR Bad Debts
DR GST


Finally, create a customer payment to apply the Credit back to the original invoice to clear both transactions from the debtors ledger

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