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To record debit adjustments

Debit adjustments make adjustments that increase the debit balance of open AR items. Debit adjustment transactions have the opposite effect of credit memos.

Debit adjustments are used to increase or add a line item charge; bring a credit balance to zero due to an overpayment or credit memo; or cancel a transaction.

Note: iMIS AR/Cash has more automated facilities for processing refunds or application/transfers of credit balances to other sales transactions. See Creating Credit Invoices.

See Also

Recording credit memos

To write off bad debt

To adjust an open item


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