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How to Write Off Past Due Receivables

by | Jul 13, 2016 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Small Business Owners, Small Business Success Series

Offering credit terms increases sales, but this inevitably leads to some clients who don’t pay their bill.  This is especially true in this economy. Be sure to write off any bad business debts you can’t recover.  To qualify for any deduction, the business...
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