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Profit and Loss

how to account for bad debt- improve and prepare

Accounting for Bad Debt: How to prepare for and improve your bad debt

Accounting for Bad Debt: How to prepare for and improve your bad debt

In this article, we tackle the concept of bad debt – what it is, how to prepare for it, and what to do when things start spiraling out of control. Not every business will experience bad debt, but those that do will certainly know about it when it happens! Check out what to do when the worst happens in our article.

Free profit and loss template

Free Profit and Loss (Income Statement) Forecast Template – Excel & Google Sheets

Free Profit and Loss (Income Statement) Forecast Template – Excel & Google Sheets

Get a free profit and loss template on us! Claim your template in this article, which features: equations to calculate totals, the ability to place your figures into the correct financial accounts
and creates a professional financial report with ease – rather than expertise!

Tim Room 4th February 2020 By No Comments Read this post

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