Write-Off Accounting

Accounting line contains event type and account distribution information. The majority of fields on the WO Accounting line are common to accounting transactions and can be reviewed in the Transactions User Guide. A small number of fields are unique to receivable transactions.

The following field is conditionally required if a record is inserted on the tab:

Reason is required when modifying an accounting line recorded on a prior version.

The Central Statement Billing Profile field, when populated, indicates that the transaction is associated with a central statement. On a new line, the value comes from the referenced line’s Central Statement Billing Profile field. On an existing line on a modification or cancellation transaction, the value is carried over from the final version.

Debt ID – A Write Off transaction can indicate the Bond or Loan proceeds on which revenue has been billed but will not be collected. The transaction can also be used to record a write off on a bill for repayment of a loan given or lease to a customer. Please see the Debt Management User Guide for information on the rules for Debt ID usage and requirements.