Fintech Lab
Lesson 16Risk and operationsIntermediate
Bad debt write-off
The moment a receivable becomes a loss.

A B2B partner owes you ₦5,000 from a service you delivered last quarter. They have not paid. They will not pay. After 90 days of follow-ups, you write it off: remove the receivable from your books, recognize the loss as a Bad Debt Expense. The original sale stays, the loss is separate. This is the moment money becomes 'we will never see this.'

Open this lesson
Share on LinkedIn Share on X

Fintech Lab is a free, interactive lab for fintech engineers. Real ledger, your own sandbox, engineering patterns from production. See all 85 lessons.

Search lessons

Type to find any of the 85 lessons. Press Enter to open.