Create Credit Interest Invoice/Note and Offset with Debit

Explanation

This activity is used to create and print a credit interest invoice/note for a customer interest invoice/note that has already been posted and to offset the credit invoice/note with the debit invoice/note. This is done when canceling a customer interest invoice/note after it is posted.

If pre-posting information exists in the debit invoice/note, it will be copied to the credit invoice/note created. The pre-posting information has to be valid on the day the credit invoice/note is posted.

The credit interest invoice/note can be offset with the debit invoice/note after the credit invoice/note has been printed and posted.

Prerequisites

It is required that a customer interest invoice/note exists with status Posted.

System Effects

• A credit interest invoice/note will be created for the selected invoice/note. This credit invoice/note will be printed and posted.
• The Invoice Series Ref and the Invoice Number Ref fields of the debit invoice/note will be replaced by the Series ID and Invoice Number fields of the credit invoice/note.

Window

Customer Interest Invoices/Notes

Related Window Descriptions

Customer Interest Invoices/Notes

Procedure

To create credit interest invoice/note and offset with debit interest invoice/note:

1. Open the Customer Interest Invoices/Notes window.
2. Query or populate to find interest invoices/notes.
3. Right-click and then click Create Credit Invoice/Note and Offset with Debit to open the dialog box.
4. You can specify the Invoice Date, Payment Term, Our Reference, Voucher Date, User Group and Voucher Type of the credit invoice/note by changing the default values in their respective fields (The default values are those of the debit invoice/note).
5. Click OK to print and post the credit invoice/note and open the Customer Offset window. You can offset the credit invoice/note with the debit invoice/note by using this window.