Bantubbs
2 years agoExperienced Cover User
Debt Collection Fees
Good Afternoon, We recently recovered a bad debt through a debt collection agency. How do I enter this in MYOB AccountRight (we received $528.63 with commission $159.91). Clarity would be app...
- 2 years ago
Hello Bantubbs
Thank you for your post.
Have you already gone through the process in this linked Help Article for accounting for bad debts?
If you have you would have already written off the invoice this was attached to. You would be able to enter this transaction as a receive money.