A Credit Note is a commercial document that a supplier produces for a customer to notify the customer of credit applied to the customer's account & Invoice.
TABLE OF CONTENTS
- How to create a Credit Note
- How the Credit Note affects related documents and budgets
- How to pay an Invoice with supplier's credits
- How to cancel Credit Note
- Supplier Credit Note #
- How to get a report about Credit Note
How to create a Credit Note
Usually, the supplier will reference an Invoice number for a specific Credit Note.
You need to find this Invoice in Precoro and create a Credit Note for that respective Invoice.
How the Credit Note affects related documents and budgets
- Credits increase the available budget amount from an initial Invoice;
- Payment will be added to the initial Invoice if the unpaid amount is more than the credit or the same;
- If your initial Invoice is fully paid, the credits will be added to the supplier's credit balance, and you will be able to pay another Invoice using the credit.
- If your initial Invoice is partially paid, the credits will be split between the initial Invoice and the supplier's credit balance.
How to pay an Invoice with supplier's credits
If you have a credit balance with a supplier you will be able to pay with credit.
How to cancel a Credit Note
Supplier Credit Note #
How to get a report about a Credit Note
You can export Credit Notes into a separate report.
* Please note that a report about Invoices will only contain Invoices. The invoice will be exported with the full amount even if you have applied a Credit Note to an Invoice.