How to Enter Supplier Credit Note

A. How to Enter Supplier Credit Note (Direct Select GL Account)

Note: This option is for entering a Supplier Credit Note by directly selecting the relevant GL Account for entry from the GL Account listing.

1. When you receive a supplier credit note, go to Accounting > Purchases > Transactions > Supplier Credit Notes to enter the transaction.

2. Select the supplier from the Supplier dropdown. Choose the appropriate Date and Due Date, and input the supplier credit note number in the Supplier’s Ref. box.

3. Scroll down to the “GL Items for this Credit Note” section. Select the relevant GL Account from the Name dropdown list and enter the Amount. Enter a Remarks for this particular GL item line (optional), then click the (+) icon to add the GL item line. Repeat this step to add as many GL item lines as necessary.

4. Admin can also choose to enter a memo in the Remarks column at the document level or upload a document using the Attached File function. Finally, click the “Enter Credit Note” button at the bottom to save the transaction.

5. Once the entry is saved in the system, a success message is displayed. You can click “View GL Journal Entries for this Credit Note” to see the debit and credit side transactions.

Note: If some of the screenshots or steps viewed here are different from the ones in the current system, this is due to our continuous effort to improve our system from time to time. Please notify us at info@timeteccloud.com, we will update it as soon as possible.

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