AR Process > US Exercise: Sales Flow Variant—Credit Note
  PPT
US Exercise: Sales Flow Variant—Credit Note
In this exercise, you will create and post financial customer invoices.
Use the following parameters (if needed):
• Entity: 10USACO
• Invoice Status Code: C-OK
• Not taxable
• Daybooks: CIM (invoice), CCNM (CN)
• All other fields: use the lookup and choose from the list.
• Printer: PAGE
1 Create a customer invoice using Customer Invoice Create (27.1.1.1).
 
Field
Value
Customer Code
10C1003, Pacific Health Care Systems
Description
Inv 10C1003-1
Daybook Code
CIM
TC Invoice Amount
$2380.00 USD
Invoice Status Code
C-OK
Taxable
No
2 Create a customer credit note using Customer Invoice Create (27.1.1.1).
 
Field
Value
Customer Code
10C1003, Pacific Health Care Systems
Description
CN 10C1003-1
Invoice Type
Credit Note
Daybook Code
CCNM
TC Invoice Amount
$180.00 USD
Invoice Status Code
C-OK
Taxable
No
Link to Invoice
Choose the invoice you created in step 1.
Adjustment
CUSTADJ
3 Review the resulting postings in Journal Entry View (25.13.1.3). Search using the daybook and date to find the postings.
4 View the customer invoice using Customer Invoice View (27.1.1.3).
5 Run the following reports for the customer invoice:
• GL Transaction Report (25.15.1.1)
• GL Transactions Audit Log (25.15.1.9)
• GL Transactions by Daybook (25.15.1.4)
Note: If unposted transactions prevent the report from running, select Tools | Manage Filter Fields in the menu. Select to display the Check for Unposted Transactions filter criteria. Set Check for Unposted Transactions to No when running the report.