Write-Down and Write-Off on Invoices

Excel Formulas › Legal & Billing

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A write-down reduces a bill before sending (discounting worked value); a write-off forgives an amount already billed but uncollectible. Both shrink revenue — tracking them protects realization.


Quick formula: net bill after a write-down:
=worked_value - write_down
Subtract the write-down from worked value for the amount billed. Write-offs come off billed amounts later.

The example

$10k worked, $1.5k written down.

AB
1ItemValue
2Worked − write-down
3Net billed→ $8,500

The formula

The formula:

=worked_value - write_down // worked value less the write-down

How it works

How it works:

  1. A write-down reduces worked value before billing — worked − write_down = net bill.
  2. A write-off forgives an already-billed amount — billed − write_off = net receivable.
  3. The write-down % = write_down ÷ worked value — track it per matter and per timekeeper.
  4. Chronic write-downs point to over-staffing, scope creep, or rates above market for that work.

Write-down vs write-off is a timing distinction with different lessons. A write-down (pre-bill) says the work was worth less than the time logged — a pricing or efficiency signal. A write-off (post-bill) says billed work won’t be collected — a client-selection or AR signal. Tagging each entry by reason and totalling with SUMIF turns vague “leakage” into a fixable list.

Try it: interactive demo

Live demo

Worked value and write-down.

Net billed · Write-down

Variations

Write-down %

Share discounted:

=write_down / worked_value

Net receivable

After a write-off:

=billed_amount - write_off

Total by reason

Tag and sum:

=SUMIF(reason, "Scope creep", write_down_col)

Pitfalls & errors

Down vs off. Write-down is pre-bill; write-off is post-bill — different bases.

Tag the reason. Without reasons you can’t fix recurring leakage.

Hits realization. Both reduce realized revenue — track the trend.

Practice workbook

📊
Download the free Write-Down and Write-Off on Invoices practice workbook
A write-down sheet with the write-down-%, net-receivable, and by-reason variants, plus 4 challenges with answers. No sign-up required.

Frequently asked questions

How do I calculate a write-down in Excel?
Subtract the write-down from worked value for the net bill: =worked_value - write_down. The write-down % is write_down / worked_value.
What's the difference between a write-down and a write-off?
A write-down reduces the bill before sending; a write-off forgives an already-billed amount that won't be collected.
How do I total write-downs by reason?
Tag each with a reason and sum: =SUMIF(reason, "Scope creep", write_down_col).

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