19. Account Credit
From TrueERP wiki
Account Credit
Account Credit - Can you create an account credit?
A Credit is created in order to receive money back from Suppliers of utilities and other miscellaneous bill payments that do not relate to product purchase. A Credit works just as a negative Bill and financial transaction posting (it will touch your accounts in the system). Credits are posted directly to an Account.
- Select Purchases Module.
- Select Credit button.
- Select a Supplier from the drop-down list Supplier Name.
- Select the Account Name from the drop-down list.
- Enter the Amount of the Credit.
Tax Code and Tax Amount will automatically load, if a code has been selected within the Account. If no code is attributed to the account selected you will need to manually select the code and the tax amount will auto-load thereafter.
- Enter a Memo in reference to the entry.
- Select a Customer from the drop-down list if this credit relates to a job you are doing for a specific Customer. This will reflect in your Job Profitability Report.
- Select the Department from the drop-down list, if your Company uses Departments. Otherwise leave it as Default.
- Enter any additional Comments into the Comments field if required.
- Internal Comments can also be entered - Internal Comments are of internal use therefore will NOT be displayed on the printed form of the Credit Note.
- Enter the Invoice and Credit Number.
- Select Choose Template if you wish to select a specific template to print the credit.
- Click Print to print out this credit.
- Click Save to save this credit transaction.
You can see all the Credits that you have created in the Bill List. The Type column will differentiate between a bill and a credit transaction.
