Credit Note

Can some one tell me how to create credit note for invoice?

Hi,

Create a SO/PO with the same details which you had made before. Now Go to Sales order Line/ Purchase Order Line button > Credit note. Now Credit note list will open with all the SOs/POs which has already been invoiced. Select the particular entry and adjust the payment which you have made before.

Thanks & Regards,

Parashar Banerjee.

Hi,

What is the difference of Purchase return order vs credit note ?

How it differs creating the purchase return order by selcting the Purchase type - return order and entering the negative qty or creating credit note as you mentioned ?

Hi lally,

Credit note is used to reverse a invoice. If you made a mistake during the invoice (Made a wrong data in the invoice), then to settle the amount we use credit note functionality.

Return order is used in oder to retuen the items. For example, customer bought something and he wants to return good because it was defective.

Thanks & Regards,

Parashar Banerjee.

Hi,

Refer this article http://msdn.microsoft.com/en-us/library/aa572668(v=ax.10).aspx to know about credit notes in ax.