The total value of credit notes with Reason Code as Write Off. In Chargebee to write off an invoice involves issuing a credit note against the invoice and marking the reason code as Write Off. Upon doing the same the write-off amount is updated against the relevant invoice.

How it's measured

Total Write Off = Total value of Credit Notes generated with reason code WRITE_OFF and status not as VOIDED.

Reading

Down: Good

Interpretation

It is the same as bad debts in sole proprietorship businesses and other businesses. It takes place on the debit side of the income and expenditure account. If the written-off amount is recovered then it will show up on the credit side.

The metric gives the total value of credit notes with reason code as a write-off. In Chargebee, to write off an invoice involves issuing a credit note against the invoice and marking the reason code as Write Off. Upon doing the same, the write-off amount is updated against the relevant invoice.

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