I have been able to make a credit note against a sales invoice. This wasdone usimg this instruction:
BUt, now I want to use this against a new invoice. How?
Iam at a loss.
When you create a new Sales Invoice then enable the “Is Return”.
Then it makes a credit note without any depend on the invoice/delivery note.
You can use payment reconciliation to adjust the credit note amount in the new invoice.
OK, this is not what I did. I did it as per the instructions that I posted.
I like your new idea since I do not need to do it against a previous invoice.
But, my initial quetsions still remains:
How do I apply this credit note to a sales invoice?
Thanks for the comment.
I do not know what a payment reconciliation is, how it works or how to use it.
Can you offer some guidance?
I tried the payment reconciliation.
I created a credit note by returning the item in question.
After doing this, In the list of invoices, the invoice with a returned items turned gray and says “credit note issued”. There is also a new entry marked “return” with the item that was returned and a negative amount showing that money that I can apply to another purchase invoice from that supplier.
Now, I go to enter a new payment reconciliation,and all the outstanding invoices are listed.
But,while it lists the outstanding invoices, none of the credit notes appear.
Where do I find them so that I can apply them to a purchase invoice?
When you have created a return, it is for a customer & not a supplier.
You have to create a payment entry for the return amount.
Follow the documentation.
You are right, this is for a sales invoice. My typo.
As for the payment entry, the page that you showed me only shows the reconciliation.
How do I make a payment entry that uses/links the returned item? This seems to be the element that I am missing. The payment reconciliation makes sense to me, so I understand this part.
I reread the simple 3 step process that was laid out in the procedure:
- First, create a Credit Note against an Invoice
- Then create a Payment Entry for the return amount
- Use payment reconciliation to knock-off Payment against the original Sales Invoice (and not the Credit Note itself).
When doing step number two: create payment entry
I can make a payment, but in the context it seems to suggest making a generic, unapplied payment entry.
How do I do this, and also link it to the credit note since that is the “source” of the money?
This step is still unclear. Thanks for any help.