From the Transaction Type drop-down list, select All Charges, Invoices, Finance Charges, or Statement Charges. Click Refresh if changing the filters. Place a checkmark next to each transaction for which you want to write off the open balance.

Best Answer: Are you using a software accounting system like Quickbooks or Peachtree? If it's in the current fiscal year, you can just do a 'customer credit memo' to reduce/reverse the finance charges. If you are using either a manual system or a system without a credit function then the accounts are booked as follows: The finance charges are booked Finance Charge CR A/R DR The Credit Memo will book A/R CR Finance Charge DR If you've closed your books, then you will have to book A/R CR Bad Debt DR. 18% annual taxes, is a rate only, so if they owe 500, for example, They owe 2 mo of interest. 18% of 500= under 100. They would owe less than 520.

Does that make sense? Now, let's back up they owe you and don't want to pay. What did you sell to them? Why is it not worth going to small claims court? I would go to court AFTER I called them and asked 'jane doe; according to my records, you bought a GIZMO from us 2 mo ago. YOU have not paid for it. I gave you credit instead of asking for your credit card.

Do you wish to pay for it or to return it? Or was it a service?

Best recovery software for mac. Get their response and then, if they have a poor reason, go to court. If you go to court, also take with you an 'asset hearing request' and if that is granted after you win your case, ask them where they bank, and more and you take that to the sheriff who will go collect for you. Available to guide further. • Tell us some more • Upload in Progress • Upload failed. Please upload a file larger than 100x100 pixels • We are experiencing some problems, please try again. • You can only upload files of type PNG, JPG, or JPEG. Antivirus for windows 10 on mac download.

• You can only upload files of type 3GP, 3GPP, MP4, MOV, AVI, MPG, MPEG, or RM. • You can only upload photos smaller than 5 MB. • You can only upload videos smaller than 600MB. • You can only upload a photo (png, jpg, jpeg) or a video (3gp, 3gpp, mp4, mov, avi, mpg, mpeg, rm). • You can only upload a photo or a video. • Video should be smaller than 600mb/5 minutes • Photo should be smaller than 5mb • You can only upload a photo.

QuickBooks has a Reconcile utility that can reconcile your company’s credit card account with the card’s paper statement. The Reconcile utility is a part of the Banking menu and opens in its own separate window. Reconciling your credit card account every time you receive a paper statement will help you catch any irregular, incorrect or missed transactions, which can contribute to an inaccurate account balance.

Additionally, the program will automatically open the option to pay the bill after you complete the reconciliation process. Enter the date of the credit card statement in the Statement Date field, and then make sure the beginning balance on the credit card statement matches the amount in the program's Beginning Balance field. If the opening balances don't match, you need to correct the opening balance in the credit card account.