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How Do I Create a Supplier Credit Note

Sumung tracks vendor relationships through bills rather than a separate "credit note" record. To document credit owed to you by a supplier, keep it as part of…

Steps

  1. When a supplier confirms a credit, note the amount and reason in the Internal Notes of the related bill.
  2. Attach any supporting document (the supplier's credit memo) to the bill.
  3. Apply the credit by reducing the amount you pay on your next payment to that supplier, and record the payment using the net amount actually paid.

Related Articles

  • How Do I Apply Credit Notes to Bills?
  • How Do I Add Notes or Attachments to a Bill?
  • How Do I Record a Payment for a Bill?

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