A/R Credit Note Entry

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This is to create, edit, or view A/R Credit Note Entry. A/R Credit Note Entry is also use to knock-off A/R Invoice and/or A/R Debit Note.

A/R Credit Note Entry is different from Sales Credit Note though they are both involving debtors:

•	A/R Credit Note Entry (upon save) will automatically update the related G/L accounts; Sales Credit Note (upon save) will post automatically (depends on option setting) the entries to A/R Credit Note Entry and update the related G/L accounts.

•	You are not allowed to edit A/R Credit Note Entry if it was posted from other source (Sales Credit Note).

Credit Note is also used when debtor A’s debt is to be paid by B, in this case a CN will be created for A and a DN for B.

To Create New A/R Credit Note Entry

Go to A/R > A/R Credit Note Entry Click on Create A New A/R Credit Note

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Header section

Debtor: key in the first number/alphabet, OR click on the drop down arrow button, OR click on Search button to assign/select a debtor number.

Journal Type: you may select the journal type if you have maintained more than one journal type belonged to this Entry Type (refer to Journal Type Maintenance)

CN Type: select the Credit Note type. Credit Note Type is maintained at C/N Type Maintenance.

Ref.: key in the reference number, e.g. Invoice No.

Ref. No.2: key in other reference number if any.

Is Credit Journal: check this checkbox if you need to show (display only, not allowed to edit) a journal entries about this credit note event at G/L Journal Entry.

Description: this is called document description...will remember from most recently keyed in description.

CN No: <<new>> means to follow auto-running numbering (maintained at Document Numbering Format Maintenance), and the next possible number is displayed at the top bar of the window. You may click on it to key in any number you like.

Date: system/computer date is automatically captured, you may click to change.

Detail section

Debit A/C: click on '+' sign to add a new row and select the account number; you may key in the first few number/letters of the account number/description and select from the lookup screen.

Description: this is called detail description... will capture the account description automatically (amendable)

Amount: key in the credit note amount. (add several rows if you want to show itemised amounts.)

Net Total: indicates the total credit note amount of this entry.

Unapplied Amount: to show the credit note amount that has yet to knock off against Invoice/Debit Note. If there is any note been saved with unapplied amount, message will be prompted when adding new Credit Note Entry offering to open and use the previous unapplied amount.

Knock Off Invoices/Debit Note section

Type: indicates the type of transaction; e.g. RI (A/R Invoice), RD (A/R Debit Note)...

Date: indicates date of Invoice or DN.

No.: indicates document number

Org.Amt.: indicates the original amount of the document before any knock off

Outstanding: indicates the amount of the document that yet to pay.

Pay: the knock off amount. Click on this column header to automatically fill in the knock off amount.

After save, proceed with new credit note entry: when this is checked, a fresh screen will be ready for new entries upon Save; if unchecked will exit the transaction screen upon Save.

(You may go to Edit menu to copy/paste the whole document or highlighted details to/from clipboard; you may also save the entries to K.I.V. folder.)

(You may go to Copy Credit Note menu to Copy From/To other/new Credit Note.)

(You may go to View > View Posting Details to view the details of posting (double entries) that going to take place.)

(also refer to Common Function in Transaction Screen)

Click on Preview (or Save & Preview)

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