We have been issued a large credit from a supplier for returned goods. The job is nearly finished and I do not have any invoices allocated to that job this month to apply the credit. I can apply to other invoices from that supplier, however it will not show it coming off the correct job. How can I apply the credit but also have that amount come off the correct job.
Hi Jackie77,
Great question, this comes up a bit when a job is pretty much wrapped up but the supplier credit lands later.
One simple way to keep the job reporting accurate is to record the credit as a negative invoice (supplier return) and tag the job number on the line item:
Create a new bill/credit for that supplier.
Use the same item(s) you returned, but enter the quantity as a negative so the total is a credit.
On that line, select the job number for the job the goods relate to.
Save/record the transaction.
This will put the negative amount against the correct job for reporting, and you can still apply that supplier credit against any other outstanding invoices from the same supplier as usual. You can also visit this help page for more information about: Supplier returns, debits and refunds.
Regards,
Earl
