Home » Categories » Solutions by Business Process » Order Processing and Invoicer » Invoicer and Discount Matrix |
Sales Credit Notes - File Updating and Ledger Controls |
Article Number: 923 | Rating: Unrated | Last Updated: Mon, Jun 12, 2023 at 7:50 PM
|
Datafile Software Sales Credit Notes - File Updating and Ledger Controls When a sales credit note is generated the effect on the sales ledger is as follows: The outstanding balance on the account is reduced by the total including tax, unless a payment adjustment is also updated where it would be unaffected. The turnover figure on the account is reduced by the total excluding tax. The last transaction date for the account is updated The cost figures for the account are reduced The debtor control total is reduced by the credit note total including tax, unless also marked as paid, in which case the total remains the same. A credit note transaction is written to the transaction file, followed by an analysis line for each detail line. A payment adjustment transaction is written to the file if the credit note is marked as paid (which you may do if the credit is for a cancelled invoice that was paid) If stock is updated, the following occurs for each stock item: The current stock level is increased by the quantity credited. Period and year demand figures are reduced by the quantity invoiced. Period and year sales values are reduced by the line total excluding tax. Period and year cost values are reduced The last transaction date is updated A sales issue (with negative quantity) is written to the transaction file. If job costing is updated the following occurs: The amount invoiced on the job is reduced by the total excluding tax. An ‘invoiced’ transaction is written to the job transactions file with a negative value |
Attachments
![]() There are no attachments for this article.
|
Product File Full Screen Design (Premier Only)
Viewed 1133 times since Wed, Jun 27, 2012
General Matrix Enquiries
Viewed 1209 times since Wed, Jun 27, 2012
Discount/Supplier Matrix in Use
Viewed 1109 times since Wed, Jun 27, 2012
Product Reports
Viewed 1128 times since Tue, Jun 26, 2012
Product Prices - Database Profiles
Viewed 1395 times since Wed, Jun 27, 2012
Expand Data Files
Viewed 1098 times since Wed, Jun 27, 2012
View System Status
Viewed 1204 times since Tue, Jun 26, 2012
Product File Item Screen Design
Viewed 1216 times since Wed, Jun 27, 2012
E-Mail Settings - Document Design Manager
Viewed 1323 times since Wed, Jun 27, 2012
Print Preview and Test Print - Document Design Manager
Viewed 1575 times since Wed, Jun 27, 2012
|