Using Debit Memos

1. At the Customer field, enter the six-character customer ID code for the debit memo.

If you are uncertain of the customer code, see Navigating Net Yield - Selecting a Customer ID Code.

2. After selecting the appropriate customer, the customer's balance displays in the Account Balance field. A Select An Option window appears and allows you to EXIT, ADD a new debit memo for this customer, or select from a listing of debit memos previously entered in the system (if any) to view, modify or delete it.

Note: The Sales Rep and Broker fields will only display if commissions are set to yes (Y=yes) in Ledger Options.

Note: Debit memos increase a customer's balance with a debit to accounts receivable and a credit to the selected revenue account. Debit memos do not affect the gross margin reports.

Use the Available Actions links below for further information on using Debit Memos.

Security Required : Receivables - Receivable Adjustments