Posting Credit Notes and Debit Notes

During posting, the total of all details and taxes is compared to the document total you entered. The document is posted only if the two totals are the same.

Posting assigns the document number you entered and completes the credit note or debit note and any returns to which you posted credit notes. You cannot change or delete a credit note or debit note after posting it.

If the credit note affects item quantities, posting updates the quantities in Inventory Control.

Job-related credit notes update Project and Job Costing quantities and costs only if the credit note differs from the posted return.

If you use the Keep Transaction History option, you can display posted credit notes and debit notes in the Credit/Debit Note Entry form until you clear them from Purchase Orders. If you do not keep transaction history, the transactions are deleted during posting or Day End processing (depending on when you cost inventory).