Hi all,
I’m a web designer and I have some unpaid invoices for hosting - which is paid in advance - that was cancelled.
In these cases, I didn’t renew the hosting, but the unpaid invoices are floating about, since they are raised in advance of the renewal.
Do I mark those off as bad debts?
Similarly, I have a partially paid invoice for a custom template design, which is not likely to get paid now (the deposit was paid down toward it at the start). Do I write off the partially unpaid invoice as a bad debt? Although technically, the work stopped, so I haven’t incurred a debt myself.
Many thanks for any pointers
Jose