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Chapter 17 ■ End User - Accounting Document Posting
Update the following fields:
Transaction: This is the nature of transaction: Credit Memo. This is set by default.
Customer: Enter your customer number account (152) that you want to post
credit memo to.
Document Date: This is the credit memo date.
Posting Date: The date to post the credit memo. This is usually today’s date.
Amount: This is the credit memo amount (200).
Calculate Tax: Check this option to include the credit memo amount for output
tax amount calculation.
G/L Acct: This is the G/L 800000 account you want to post the credit memo
amount to. This will be debited against the sales revenue account and credited to
the customer account to reduce the original invoice.
Short Text: This is set by default when you enter the G/L account in the
G/L account field and click Enter or press Enter on your keyboard.
D/C: Specify whether the transaction should be treated as debit or credit. Since
this is a customer credit memo, enter debit in this field.
Amount in Doc. Curr: Enter the credit memo amount in this field or use the * sign.
Tax: The tax code application to your credit memo is set by default by the system.
Otherwise, enter it manually.
Click the Enter button on the top-left side of the screen to confirm your entries. To display the credit
memo you entered, click the
button at the top of the screen. The Document Overview screen is
displayed (Figure 17-10) showing the line item of your customer credit memo.
Figure 17-10. The Document Overview screen showing the credit memo posted to the system
Post your entries by clicking the Save
button.
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