Allocate Sale Invoice with Credit Note

If you create a new credit note for a customer, you can use (allocate) that credit to invoices. You can use credit from approved (Waiting Payment) credit notes.

• Go to the menu:  Accounting → Customer → Receivable search an invoice in status “Waiting Payment” that you need to allocate. You will see “Credit this invoice” below invoice and click will be link to Allocate credit to invoice.

• The system will link to allocated credit to invoice and show all credit notes relate to this invoice. Be able to allocate with all credit notes or select some credit notes by deleting unused lines.

• Then enter an allocated amount that can be full or partial amount but you can't enter a greater amount of credit than the outstanding balance.

• Click Allocate Credit button after completion

• System creates journal entry for allocations