To process an accrual dues credit memo
You can process reversals of accrual dues items on a line-by-line basis through the Enter and edit credit memos window. For example, if a customer cancels a single line item, you can reverse that one line.
Note: If your system is licensed for Deferred Income and the product being reversed is normally deferred, iMIS will automatically adjust the deferred income and any income recognized for this product during the GL Interface procedure. For more information, see Using Deferred Income.
The Date field defaults to:
If Batch Control is enabled and an active open batch is not selected, the Batch Control List is displayed. Select or create a batch and click .
If Batch Control is enabled and an active open batch is selected, the Date field is populated with the date of the batch.
If the system date is overridden, the new date becomes the default value for inserts until the window is closed and reopened.
Note: The CATEGORY field displays prefixed with the label Category if your administrator has enabled the Use Bill Categories option. If this option is not enabled, neither the category value nor the category label will display.
Invoice or reference numbers are validated for the following:
The balance amount displays in the Amt Adj field and the Credit option is selected for each line item.
The balance amount displays in the Amt Adj field.
This will automatically enable the Credit option:
The Total Adjustment field displays the total amount of the credit memo. Line items not adjusted are no longer displayed on the window.
10.5 Production Release. Updated 10/5/2005 3:12:17 PM
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