Entering A/R Credits

The following tabs are available on the Enter A/R Credits form. Click the link to view detailed information about each tab:

Procedures

Enter document and transaction information on the Enter A/R Credits form in the following order:

  1. Enter the document information-Credit, Date, Amount, Description, and Customer ID.
  2. Select the invoices to which this credit applies using the Choose Invoices form. (This form automatically displays after selecting a customer ID.)
  3. Enter the offsetting transaction lines. Each line item will contain the appropriate account codes, an Invoice Number, related Debits and Credits, an Entry Type, an Effective Date, a Description, and an Exchange Rate, if appropriate.
  4. Complete the Enter A/R Credits - User Defined Fields tab, if appropriate.
  5. Click Save.

The system displays the Exchange Rate column if the Multicurrency module has been installed and set up by the Administrator(Organization>Add A Module), and the Session currency selected is a currency other than the functional currency (Step 2).