Record money recovered on a written-off debt

Steps

1. Open MAJA Books and click Sales in the left menu, then Bad Debt Relief, and open the write-off. Click Record Recovery. - Or click Bad Debt Recovery in the left menu and then New Bad Debt Recovery.
2. In Original Bad Debt Relief *, check the write-off being recovered. MAJA shows the original write-off, the VAT relieved, what was already recovered and what is still recoverable.
3. Set the Recovery Date *.
4. Check Recovery Amount * (the remaining recoverable amount is filled in). Optionally choose Salesman and Collector.
5. Choose Deposit To (Bank) * and the Payment Method: Bank Transfer, Cash or Cheque.
6. Optionally add Notes and attach the cheque copy or receipt evidence.
7. Click Post Recovery.

What MAJA does for you

• MAJA posts two journals: the receipt (Dr Bank / Cr Accounts Receivable) and the recognition (Dr Accounts Receivable / Cr Recovery Income + Cr Output VAT).
• The VAT reinstated is worked out from the original relief, in the same proportion — you are never asked for it. If no VAT relief was claimed, all of it is income.
• The original invoice stays as it was; the customer statement shows both entries.

Good to know

• The amount cannot be more than what is still recoverable on that write-off.
• If no write-off has a recoverable balance, MAJA says No written-off debts with a recoverable balance.
• For a cheque, the recovery date must be the day the bank credited it. A future date is refused, and MAJA asks you to confirm the date before posting.