Credit notes

[muddassirh]

Dear Users,

I'm having certain issues how to add credit notes in peach tree.
Actually this credit note is issues by our vendor against the transport that we have already paid but this transport has already been paid by us and we have included it in our unit pricing now we do not want to change it rather add this credit note as a discounted value to be deducted from vendors total payables.
Considering this how would we adjust this credit note?
And also elaborate how to make a credit note in Peachtree.

Regards,

[rick Prindivill]

You can use the graphical menu or the Text Menu to select a VENDOR CREDIT MEMO.

Select the Vendor ID and enter the CM Reference Number, CM Date etc. and on the detail lines, enter the description of the Credit Memo and select the appropriate GL Expense Account and complete the Credit Memo - Click on the SAVE Icon.

Now under Vendor Payments, you will see a list of any open or unpaid Invoices plus the Open Credit Memos. You can then select the Invoices to be paid PLUS the Credit Memos to be included thereby reducing the cash amount required to complete the payments.