Item Write Off and Accounting

Here is a list of write off reasons for items and the accounts that they affect in Bravo:

Shrinkage Reason	General Ledger Account
Return to Vendor	Purchase order Holding
Police confiscated	Police Confiscations
Donated	Donations
Item Sold Minus Tag	Cost of Goods Sold (either A Goods, B Goods or Firearm)
Unsellable Merch	Shrinkage - Internal Theft
Store Error/Other	Shrinkage - Internal Theft
Imitation	Shrinkage - Internal Theft
Internal Theft	Shrinkage - Internal Theft
Unknown	Shrinkage - Internal Theft
External Theft	Shrinkage - External Theft
Destroyed	Shrinkage - Internal Theft
Store Use	Office Supplies

You will learn how item write-offs affect inventory and accounting in Bravo, including steps to complete write-offs and how they post to the General Ledger.