While it is great that the Outstanding Invoices List is so accessible, and carries over beyond the year for record keeping.
However, there is the situation when an invoice goes unpaid beyond the current year. After efforts to collect, there comes a time to accept the loss. Just cancelling the invoice does not properly account for the "loss" that has occurred, and being displayed in the unpaid list is not really appropriate.
It would be helpful to be able to mark such invoices as what they are: losses. The invoice would no longer show in the Outstanding List, and a new list-option of "Invoice Losses" would close them out from outstanding, without losing the record of non-payment, and allow for proper recording as a loss for the appropriate accounting year's books and taxes.
