Help Please Bad Debt Refund

Discussion in 'Number Crunchers' started by blueskifive, Jun 25, 2011.

  1. blueskifive New Member

    Last year, my year end is Sept, i had to write off £20K as a bad debt, the company who owed me the money went bust. To my suprise in May the receivers manged to get me £2K back which was a nice suprise, my question is where do i post this to in my accounts, at present i have it sat in "Other" but not sure if that is where it should sit.

    Thanks
  2. Thorpes New Member

    Post it as a bad debt. It is the recovery of a bad debt previously written off.
  3. blueskifive New Member

    Many thanks

Share This Page