A/R Advance Credit Screen

  1. Open Accounts Receivable > A/R Transactions > Receipt Entry.
  2. Beside the Advance Credit field, click the Zoom Zoom button button.

Enter the amount of the claim for which you are issuing the advance credit.

This field appears only if you are entering a receipt for a national account.

Select the national account or the member customer to which to apply the advance credit. When you issue the credit note, you can apply it to the advance credit or debit note for the correct customer account, or the national account.

Enter a description for the advance credit (for example, the reason the goods are being returned).

Enter the document number you want to use for the debit note, or accept the ***NEW*** entry to let Accounts Receivable assign the next number.

Enter a reference number for the advance credit (for example, the invoice number used when you sold the goods).

Overview

This screen lets you apply an advance credit to a customer invoice for goods that the customer is returning. The advance credit amount appears as a debit on the customer's statement, where it remains until you receive the returned goods.