9.36 Credit Memos for Supplier Accounts
Jun/7/2009
Applying a Credit Memo to a supplier account is a similar process to
applying a Credit Memo/Pre-Payment within a Customer Account. Within a Supplier
account it will be applied on the Bill side.
To be able to apply a credit memo a Trust Account will need
to be setup in the General Ledger. A trust account is where all credit memos,
deposits, and pre-payments will be allocated until a time as they are assigned
to a particular Invoice against a
payment.
From the Bills screen click on the New Payment
icon.

On the payment screen be sure there are no allocated items listed.

Check off the payment type. Click the Save icon. Check off the print
option if a receipt of Deposit needs to be emailed to the
customer.
The credit
memo will appear in the Bills screen,
highlighted blue and be labeled Deposit/Pre-payment.

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