Crediting a Purchase Invoice

To credit a Purchase Invoice, for example when the supplier sends a credit note against it, create a Purchase Credit and allocate it to the invoice.

Credit a Purchase Invoice

1. Open the Purchase Invoice and note its lines: the nominal codes, VAT and amounts you are crediting.
2. Create and post a Purchase Credit for the supplier with matching lines for the amount being credited. See Creating a Purchase Credit.
3. On the posted Purchase Credit, click Allocate, enter the amount against the invoice in Amount to Credit⁽¹⁾, and click Allocate⁽³⁾.

The invoice’s Balance Outstanding goes down by the amount allocated. If the invoice has already been paid, record a refund from the supplier instead. See Refunding a Purchase Credit.

Related articles

• Purchase Credit
• Creating a Purchase Credit
• Purchase Invoice