There are many types of write-offs, such as invoice write-offs and accounts receivable write-offs, which are widely used in the accounting field. In fact, this is a kind of control. For example, invoice verification is also very simple. In invoice management, you can correctly find out whether related invoices have been posted, and then associate invoice stubs with related vouchers. If it has been checked, it has been cancelled. This process is called write-off Many large enterprises will have this kind of write-off process, which is very common in their work.
Write-off interest means that the audit department of the bank will determine that the loan cannot be recovered, so the bank will eliminate non-performing loans in accordance with the regulations and write off non-performing loans to reduce profits, thus reducing the bank's income in the current year. However, the general banking regulatory bureau has an index requirement for the non-performing loan ratio of banks, so banks must comprehensively consider profits and non-performing indicators to decide whether to write off.
Under the current policy, bad records are not allowed to be eliminated, and the only way to eliminate them is to appeal through the People's Bank Credit Information Center. If verified, it can be eliminated.