Enter a Credit

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There are a number of ways to add a credit to a debtor. Credit entries will automatically be created by Jim2 when:

a return from customer is performed

the amount tendered as payment is greater than the amount due/owing

a debtors adjustment down is entered

a debtors purchase order is completed

a payment has been made but not applied to an invoice.

 

A return from customer credit will either be applied to an outstanding account or left as an outstanding credit in that debtor's record.

 

If the amount received from a debtor is greater than the amount owed by that debtor, allocate what can be allocated. When saving the entry, a message will appear asking if the remaining amount is to be applied as a credit.

 

applyascredit

 

Debtors adjustments down can be used to increase a customer's credit balance. Debtors adjustments can be applied to invoices in the same manner as a credit/return from customer.

 

Quality

A Debtors purchase order is to be used if a customer/debtor is returning stock which has been sold from previous software to Jim2. Debtors purchase orders can be applied to invoices or adjustments up, the same as a normal credit.

 

Further information

Debtors Adjustments

Debtors Allocate Payments Grid

Debtors Auto Credit Hold

Debtor Form

Debtors List

Debtors Documents Tab

Debtors Notes Tab

Debtors Opening Balances

Debtors Payments Tab

Debtors Statement Printing

Debtor Management

Debtors Reports

Apply a Credit/Prepayment

Clear a Credit on a Debtor

Clear Small Debtor Balances

Create a Debtor Refund

Enter a Credit Payment

Enter a Payment

Enter a Prepayment

Enter Discounts and Account Fees

Issue a Credit Note

Debtor Payments Including Commission

Move Unknown Payments to Debtor

Reversal Entries

Reverse Discounts and Account Fees

Reverse or Delete a Payment

Send Payment Receipts

Unallocate a Payment

Undo Incorrect Refund