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How to Credit a Creditor Invoice

The purpose of this document is to show you how to credit or reverse a Creditor Invoice if it was processed in Error-this may be that the parts were entered at the wrong cost, wrong quantity or you need to send something back to the supplier.

  1. Go to AccountsCreditorCreditor Invoice
  2. Select your Creditor – In the Reference Field Press F4 or click on the Ellipsis button to recall your invoice – OK

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  3. Click on Copy InvoiceOK 

  4. Change the Invoice Type to Credit

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5. Shift+F2 to delete any lines you do not wish to credit (if applicable-e.g. if you are sending back some of the parts, leave only the parts you are returning on the credit and edit the QTY you are sending back)

 

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6. Process your Credit

7. To apply a creditor credit to an invoice : Go to Accounts > Creditors > Creditor Payments 

8. Put through a $0.00 Creditor payment and tick off the Credit and the invoice.

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9. Process the Creditor payment.

 

 

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3 Comments

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    StephenOThornton

    How to Credit a Creditor Invoice become so critical for many accountants and they feel it so hard to make the reversal entry in the software. This tutorial is so informative for the people working in the accounts and using this software package. Such type of essay writing help about the real issues accountant face in their workplace is so helpful and motivate the people to apply the same to get what they are required to do.

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    JuanCBehn

    While dealing with the accounts we sometimes wrongly enter the Creditor Invoice and do not know how to reverse it. So many people have such issues and this detailed tutorial is so good for such people to find the best ways to make it reverse. For the people who want to write essays for their own solutions   aus essay writing service at http://au-assignment-help.com can be the best option as many people are there to get such help in their account assignments. It is good to help the people in their problems so that it will be easy for them to do such works.

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    Johnny143

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