Purchase Credit and Debit Notes

Purchase credit/debit notes are raised when the seller needs to receive or pay funds, respectively, on top of a previously issued and paid purchase invoice.

A credit/debit note is like a normal invoice except that there are no invoice items added by default. Instead, it becomes populated with manually entered dynamic charges. That is, no calculations are done with regards to details of the shipment (for example, no QP, no assays).

There is no limit to the number of credit/debit notes that can be created for the same despatch order. Each credit/debit note is independent; it does not relate to any other credit/debit note. The invoice iteration for a credit/debit note is always 1, and the invoice iteration type is always Final.

A credit/debit note generates account journals based on the rules for chart of accounts, similarly to any other invoice, with the document type in the chart of accounts set to credit note or debit note, accordingly.