Sales Credit and Debit Notes

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

A credit/debit note is like a normal sales 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.

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

If the total is negative, the result is a credit note. If the total is positive, the result is a debit note.