Credit Note from supplier not from return

[MickG]

HI

I am trying to work out how to record a Credit Note that has not arisen from a return.

These credits are given on the statement and are payment because we take reclaimed gas to the supplier and they pay us for it (we buy other items from them and they take the credit of the end of month statement).

How do I record this? as invoices on end of month statement and payment do not match because of credit notes on statement.

Thanks in advance for assistance

[Tracey_H]

Hi @MickG 

Thanks for your post. From what you've described it sounds like the supplier is also your customer as you sell the reclaimed gas to them. In this situation you would record sales invoices for the reclaimed gas and then process contra payments. The Help Article, Dealing with a supplier who is also a customer, has detailed instructions on this.

Please let me know if you need further help.

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