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BKB #85 - Writing Off Bad Debts
Your quarterly Bookkeepers Knowledge Base is now out! This edition focuses on Writing-Off Bad Debts. To give a true picture of a client's financial position, debtors need to be monitored and accounted for.
As a bookkeeper it’s essential to have a working understanding of this area as you will likely be tasked with physically writing-off bad debts, as well as attending to the GST consequences.
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