Articles tagged #CREDIT
Articles tagged
#CREDIT

Reverse Vendor Bill Credits which are in a Closed Period

Scenario

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Saved Search to pull up Bill Credits with Unapplied Amount

User wants to create a saved search that shows Bill Credits that have an unapplied amount.

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Removing Credits From Deleted Vendor Payments

It is important to understand that deleting a vendor bill payment or a customer payment does not automatically unapply credits that you have applied. If you need to delete a payment that includes bills or invoices with credits applied, you must open each credit and unapply it separately.

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Write off Remaining Amount of Invoice Using Credit Memo

User wants to write off remaining amount of Invoice. This can be done by using Credit Memos. However, ensure that the Invoice being written off do not contain Inventory Items because this will have an effect on the Cost of Goods Sold account.

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Cost of Sales Adjustment on Bill Credit

Cost of Sales Adjustmentis not always equal to the amount ofItemsbeing returned in theBill Credit.

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Bill Credit GL Impact on Cost of Sales Adjustment

When you create aBill Credit with Item/s (Standalone or from Bill/ Vendor Return Authorization), you will notice that the GL Impact are as follows:

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Associate Vendor Credit to a Refund in Foreign Currency

If the vendor in a foreign currencysent a refund by cash or check in a currency other than the vendor's currency, user needs to record the deposit in the vendor's currency via a journal entry.

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Issue a Credit Memo Linked to an Invoice Without Impact to Inventory

The user would like to issue a Credit Memo for an Invoice and only affect the Amount not the Inventory. This is currently filed under Enhancement #81003.

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Accepting a Customer Payment to Write Off Bad Debt

After you have entered a journal entry to write off bad debt, the next task is to accept a customer payment.

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Manual Credit Hold Not Working

Navigate to Setup > Accounting > Accounting Preferences > General tab > Accounts Receivable portlet

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Sales Order is saved even if Enforce Credit Limit Hold has been set for the Customer

The user wants to know why theSales Orderhas been saved even ifEnforce Credit Limit Holdhas been set for theCustomer.

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Unable to set Account for Corporate Card Expenses When Editing Expense Reports

A user is trying to select an account in the Account for Corporate Card Expenses dropdown field in an Expense Report, but when saving the record, the value under this field is missing.

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Apply Credit Memo of One Customer Against Invoice of Another Customer Which Represents One Customer Entity

To apply the Credit Memo associated with Customer A against the open Invoice associated with Customer B, use an additional Journal Entry as it cannot be matched directly.

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Set Credit Limit on Customer Records via CSV Import

You can bulk update credit limits on multiple customer records through CSV import.

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Enter Vendor Credits > Selected Items Only

You want to create a supplier credit that has an associated invoice in the system. However, you were unable to find the vendor record list under the Company field.

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