a credit memo was made in 2020 for write off uncollectable, and we received a partial payment of said amount how do I post the payment if there is no balance owed due to credit memo

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Level 15

Deposit the payment and use Other Income as the source account for the deposit

Thank you Rustler :)

That would work, then I wouldn't have to make any changes to their existing account or worry about it making any changes to past years. Thank you.

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