Voucher adjustments are used to record credits to vendors that supply your company with goods, services, and other of business expenses; they are also used to record credits issued by the vendor on completed purchase orders. Each entry decreases a vendor's account balance by the total amount of the voucher adjustment. Additionally, the vendor default accounts payable (AP) account is debited and allocations to one or more accounts are credited.
The voucher adjustment can be linked to a specific voucher or entered as a separate transaction for a vendor. Voucher adjustments do not adjust inventory, adjustments to inventory must be done separately in Inventory Adjustments.
See Changing Vouchers to make corrections to vouchers.
See the Available Actions links below for more information.
| Available Actions | Adding | Changing | Voiding |
Security Required : Payables - Voucher Adjustments
| See Also |