Write off or forgive a debt
- Open Accounts and tap the person.
- Tap Write off what they owe (or They forgave what I owe).
- Choose to count it (an expense for money lost, or income for a gift) or just settle the balance without it showing in reports.
- In the PC Manager: Accounts > People > Write off or Forgiven.
In the app: Open Accounts
More in People, loans and assets
- Track money you lend or borrow
- Pay someone back (or get paid back) in parts
- Pay back more than you owe
- Track a loan and its monthly payments
- Add a car (or anything) bought with a loan
- A loan with a big final (balloon) payment
- Record the money from a loan
- Record loan payments automatically
- Pay extra on a loan or pay it off early
- Add a late fee or penalty to a loan
- See your debt, payoff and interest
- Let a car's value drop each year
- Add yearly costs like car insurance and registration
- Record selling or trading in a car