Enter or Verify Credit Note (Debit Note) Totals
Before you post a credit note or a debit note, you should verify the document total. You can also change the debit note and credit note dates, if necessary, and specify whether the credit note or debit note includes the invoice discount (if one applied)
To enter or verify document totals:
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Choose the Credit Note or Debit Note Totals tab.
Click here for help on Credit Note (Debit Note) Entry fields.
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Use the Totals tab to:
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Specify whether miscellaneous charges were discounted on the invoice, in addition to items.
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Enter a credit note discount percentage or fixed amount. This is the discount from the invoice which has to be subtracted from the amount of the credit note. The amount you enter is prorated to all the items on the credit note. If you discounted miscellaneous charges as well, the discount is also prorated to the miscellaneous charges.
The program displays the following information:
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Estimated weight for all items on the credit note (using the unit weights from Inventory Control item records).
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Number of detail lines on the credit note.
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Subtotal of all shipped items and miscellaneous charges on the credit note.
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Credit note amount, which is calculated as:
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Credit note subtotal (shipped items + misc. charges)
- Discount
+ Tax (if it is not included in item prices)
If item prices include tax, the amount of the included tax is displayed on the right side of the form. It does not affect the calculation of the credit note amount.
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If you need to change tax information for the customer, see Change tax information.
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When you are satisfied with the document and totals information, click Post to post the credit note or debit note.
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Print the credit note or debit note.
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