MAS System Documentation
V11
Document > Credit note
Credit Note
Create a document for recording returned product. It affects accounting and increase inventory
Sales Return Document’s Copy function
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Default as invoice. User can also choose Credit Note (CRN)
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Input invoice no. directly or press [Magnifier] to search
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If only a portion of products are returned, enter the quantity of returned goods in this column
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Copy all the chosen products’ information to the credit note’s interface, including customer, product information and invoice no. for balancing
Customer Information
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Debit: Preset in [System Setting > System Account Setting > Sales Return account]
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Credit: Default as Account Receivable account. User can choose bank account or cash account pre-matched in [System Setting > System Account Setting]
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Other functions are similar to Quotation’s. Please refer to Quotation
Product information and price sections
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Its functions are similar to Quotation’s. Please refer to Quotation
Balancing a Credit Note with an Invoice
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For Invoice No.: INV/201606007, its Amount is HKD8,360.00.Monthly Statement will be as followed before a credit note is opened:
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After a credit note is opened: CDN/201606000001 with refund amount: HKD 4,400.00
If the credit note has recorded the invoice’s no.: INV/201606007, monthly statement will be as followed:
If the credit note did not record the invoice’s no: INV/201606007, monthly statement will be as followed:
