AR Credit Note

AR Credit Note is used to give a credit amount to a debtor’s account. It may be used to provide a discount/waiver to the amount of an existing AR Invoice when you do not want to edit the original AR Invoice’s amount.

To create an AR Credit Note go to CHARGES and click AR Credit Notes.

Then click Create New Credit Note.

Debtor – Select a Debtor.

Date – Current date (i.e. today’s date) is the default provided.                                                        

Acc to be Debited – Select the account you want to debit.

Description – The Account Name of the selected Acc to be Debited will be provided as a default Description. You may add-to, edit or overwrite the default Description.

Fund – Select fund (if applicable). The default provided is the primary/main fund.

Amount – Enter the amount.

Cick ‘Next’.

Outstanding AR Invoice Items and Unapplied AR Debit Notes for that debtor will be listed out for selection.

Select the AR Invoice Item or AR Debit Note that you wish to apply the AR Credit Note to.

Cick ‘Save’ to save the AR Credit Note.