I set up a service called "credit memo" (number - cm) on the Kansas City demo. Zero list/sell price and I unchecked the tax boxes at the bottom. I invoiced the customer Fred Flintstone for the service "credit memo" for a negative $50 - tax included unchecked. In reality, you will probably, but not necessarily, be crediting some previously charged tax, but I wanted a clean example to show how this might work.
I think this will accomplish what you want to do a little cleaner than journal entries/other workarounds because if you invoice this negative amount, there it is associated w/ the customer. Please feel free to go to the KC demo and set up a similar invoice/credit situation and see if you're comfortable with how it works. Watch your taxes, discounts, and G/L accounts on these and consider your due date for aging purposes. You should be able to apply a similar approach to A/P with a "debit memo" service. The demo's url: http://accounting.dyndns.org/cgi-bin/sql-ledger/login.pl Good luck, Steve Omar BaheyEldin wrote: > from my point of view you can make an intermediate account , > you can enter the chech as if it was paid in cash , or for my self , i have an > account name (checks in possesion ) where i get the check to and when i collect > the checks i turn the amount to chash > Omar > > 7/3/02 01:55:22 �, Richard Lyons <[EMAIL PROTECTED]> wrote: > > >Sorry to get repetitive abt this. It is still driving me crazy. I have one > >credit to pay two invoices and most of a third, the balance being paid by a > >small cheque. Is there no simple way to mark the relevant transactions > >"closed"? Or do I have to delete all the transactions and re-enter them as > >journal entries? > > > >-- > >richard > > > >On Friday 28 June 2002 13:01, Richard Lyons wrote: > >> I am sure I saw something about this here, but I can't fid it. > >> > >> How do I pay an invoice wholly or in part with a credit note, so that both > >> will finish up "closed" and not showing on the list of open items under AP > >> Payments? > >> > >> -- > >> richard > >> > >> > >> ------------------------------------------------------- > >> This sf.net email is sponsored by:ThinkGeek > >> Caffeinated soap. No kidding. > >> http://thinkgeek.com/sf > >> > > > > > >------------------------------------------------------- > >This sf.net email is sponsored by:ThinkGeek > >No, I will not fix your computer. > >http://thinkgeek.com/sf > > > > > > > > > -- > AbouYoussef BaheyEldin CO ab2 > Tel : ++203 4864756 /: ++ 203 4874476 > Fax : ++ 203 4875030 > Cell : ++ 20 101014446 > URL : www.ab2.com > email: [EMAIL PROTECTED] > > > ------------------------------------------------------- > This sf.net email is sponsored by:ThinkGeek > No, I will not fix your computer. > http://thinkgeek.com/sf ------------------------------------------------------- This sf.net email is sponsored by:ThinkGeek No, I will not fix your computer. http://thinkgeek.com/sf
