From: "Adrian Boliston" 
Newsgroups: uk.finance
Subject: Re: Bad Invoice
Date: Fri, 16 Jul 2004 13:35:15 +0100

"sks" 
wrote in message news:cd8bmb$qdi$1@sparta.btinternet.com...

> If I issue an invoice and the customer nevers pays and I want to write it
> off, how do I account for this. Do I just delete the invoice with a note
> saying why it was cancelled or ... ? Obviously I shouldn't be paying tax
on
> an invoice I never received money for ?

You will fould up your vat records if it's in a vat quarter you have already
closed.

Far safer to simply raise a credit note.

(this is more news:uk.business.accountancy btw)