Write offs

The Write Off row in the GL ACCOUNT MAPPING grid specifies the GL accounts to use for debt that is written off.

Whether a transaction qualifies as a write off depends on the write off adjustment type specified for the bill type in the Bill Type form. If an adjustment transaction uses the specified write off adjustment type, then the transaction is considered a write off.

Account adjustments are excluded from the write off logic, so the transaction types that can use the Write Off row are penalty adjustments (8,1), penalty interest adjustments (9,1), principal adjustments (10,1), and surcharge adjustments (11,1).