Wite Off can be shown in Books of Account

What do you exactly mean by disputed?

Originally posted by : Deepesh
	What do you exactly mean by disputed?

Disputed means Non Collectable.

Hiiiiii Bhushan Sir,

If u want to write off any amount receivable from customer than u have to written off by seprate entry for each customer & u have to proove that all the necessory steps have been taken by u for the recovery of teh amount.Also u have to see that this amount will be balanced only by sales transaction (if it is banking business than amount given as loan will be considered here) in previous years.

byeeeeeeeeeee

you  can show it as a provision for doubtful debts  since if you  know the reliable estimate of resources a per AS-29

we cannot write the entry for bad debts because he is not declared insolvent