Non-Profit
Grant Receivable Written Off (Non-Payment)
Writing off a grant receivable when the grantor fails to honour a committed grant.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Bad Debt Expense (Grant Receivable) | Expense (+) | 10,000.00 | - |
| Grant Receivable | Asset (-) | - | 10,000.00 |
💡 Accountant's Note
If a previously recognized grant receivable becomes uncollectible (donor defaults, project cancelled), it is written off as a bad debt expense in the period the loss is confirmed.
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