I have confusion regarding adjustment of credit amount of a particular customer with Invoices billed to that customer. I think the steps were given earliar also in this forum but as I could not find it hence request you people to provide the correct steps for the same. At present am tagging the credit amount with invoices as follows :—
First I click on “balance (LCY)” on the customer card.
Then “Function - Apply entries”.
After I select the credit amount, then click on “Application —set applying entries”
After that I select the particular invoice which is to be tagged with the credit amount-------“Application —Set applies to ID”
And finally “Post appllication” . The messages comes “The application was successfully posted”.
I would like to know whether it is correct steps or am missing something. I would also like to know whether the entries effect any G/L account, which I think should not be.
thanks in advance [:)]