You can post a purchase order credit note transaction as a reverse transaction by selecting the Credit correctioncheck box in the Posting invoiceand Posting packing slipforms. As a result, the warehouse operation is marked as Stornoin the Transactionsform, and a credit transaction is created for the vendor transaction. The reversed vendor transaction can be posted as a correction transaction in the General ledger.

  1. Click Accounts payable> Setup> Parametersto open the Accounts payable parametersform.

  2. On the Updatestab, select the Credit note as correctioncheck box to post the vendor credit note transaction as a reverse transaction.

    Note Note

    When you select this check box, the Credit correctioncheck box is selected by default in the Posting packing slipand Posting invoiceforms.

  3. Press CTRL+S or close the form.

  4. Click Accounts payable> Common Forms> Purchase Order Detailsto open the Purchase orderform.

  5. Press CTRL+N to create a purchase order, and enter the required information.

    Note Note

    For more information, see "Create a purchase order" in the Applications and Business Processes Help.

  6. Click Posting> Invoiceto open the Posting invoiceform.

  7. In the Invoicefield, enter the invoice number.

  8. Click OKto post the invoice.

    Note Note

    For more information, see "Purchase posting (form)" in the Applications and Business Processes Help.

  9. In the Purchase orderform, click Functions> Create credit noteto open the Create credit noteform.

  10. On the Invoicetab, select the Select Allcheck box to select the transactions for the credit note.

  11. Click OKto return to the Purchase orderform.

  12. Click Posting> Invoice.

    Note Note

    The Credit correctioncheck box is selected by default in the Posting invoiceform, on the Othertab.

  13. In the Invoicefield, enter the invoice number.

  14. Click OKto post the invoice. You can view the purchase order transaction in the Transactionsform. The Stornocheck box will be selected on the Overviewtab.

    Note Note

    For more information, see "Inventory voucher transactions (form)" in the Applications and Business Processes Help.

  15. In the Purchase orderform, click Inquiries> Invoiceto open the Invoice journalform for the selected purchase order.

  16. Select the journal line to print.

  17. Click Preview/Printto print the report.

    Note Note

    For more information, see "Invoice journal (form)" in the Applications and Business Processes Help.

See Also