How to Create Credit Note for Expense (New Vers.)

Modified on Fri, 7 Mar at 10:56 AM

Creating a credit note for an expense allows you to record refunds or adjustments for overpayments, returned goods, or service cancellations. This ensures accurate expense tracking and maintains correct financial records. When issuing a credit note, link it to the original expense to keep a clear audit trail.

How to Create Credit Note for Expense?

1. Click on Purchase and select Expense

Click on Purchase and select Expense

2. Select an expense

Select an expense

3. Click on 3 dots

Click on 3 dots

4. Click on Create Credit Note

Click on Create Credit Note

5. Enter credit note number

Enter credit note number

6. Select a credit note date

Select a credit note date

7. Select a reason or type a reason

Select a reason or type a reason

8. Select the item and fill in the info. You can add an item to knock off more items

Select the item and fill in the info. You can add an item to knock of more items

9. Click on Confirm. Then you can get the credit note reference number on Reference Link tab.

(You can view the credit note on supplier credit note)

Click on Confirm