Question: what is the difference between write back and write off?
Answer: DIFFERENCE BETWEEN WRITTEN OFF & WRITTEN BACK: WRITTEN BACK:- IT MEANS TO TAKE REVERSE THE EXCESS PROVISION MADE. ... WRITTEN OFF: IT MEANS THAT YOU HAVE A BALANCE IN YOUR BOOKS AND IT MAY NOT POSSIBLE TO REALIZED IN FUTURE. TO CLEAR THE BALANCE IN THE BOOKS OF ACCOUNT THESE TYPE OF AMOUNT CAN BE WRITE OFF.