FrontAccounting forum — Credit Notes applied to payments.

Re: Credit Notes applied to payments.

null@example.com (itronics) — Tue, 12 Jan 2010 12:39:44 +0000

This is document issued when seller receive back items previously sold by customer, or agree that customer anyway can not to pay for some part of delivery.
Janusz

Re: Credit Notes applied to payments.

null@example.com (hadi) — Tue, 12 Jan 2010 07:00:26 +0000

sir could you please explain me what is supplier credit notes?

Credit Notes applied to payments.

null@example.com (t2webby) — Tue, 28 Apr 2009 15:48:32 +0000

This pertains more towards the chequing module but may require changes to the FA core.

Sometimes, credit notes given by suppliers would clear out an entire invoice, but suppliers most of the time require that we show this on a cheque stub that a credit has been used. For example:

Invoice # 99 = $100
Invoice # 100 = $500
Supplier Credit # 5 = $500

We apply Credit # 5 to INvoice # 100. So when we pay supplier we pay only 100$. But there's NO way of showing that Invoice # 100 has been credited cause there's no linkage with the payment.

Can there be a way to somehow link the credited invoices to a payment?