How to Write Off Accounts Payable in Xero
It is very easy to write off accounts payable in Xero. Here’s a quick tutorial on how to do it:
- On Xero's main dashboard, navigate to the top menu bar and click 'Business'.
- Choose 'Bills To Pay' from the list of options.
- After that, browse the list of your bills and select the specific account payable you want to write off.
- Tap 'Bill Options' in the top-right corner.
- Subsequently, click 'Add Credit Note'.
- Once done, review the details and click 'Approve' or 'Save'.
- After completing these steps, the selected account payable from your bills will be written off instantly.
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