Review how to write off a vendor balance
1. Go to Payments|Made.
2. Enter the Amount of Invoice to be removed/written off.
3. Use date of report run to detect balance.
4. Choose Payment Method of OTHER.
5. Under Remarks, type “Write-off” with additional explanation.
6. In the Name field, enter the Vendor Name.
7. Toggle the invoice closed by clicking Toggle Close.
8. If the GL is set up, create a JE which debits Vendor Balances and write it off as a credit to a 5XXX for the travel type