Difference between revisions of "How do I Do a V.A.T. only Credit?"

From Catalyst
Jump to: navigation, search
(→‎See Also)
Line 1: Line 1:
 +
{{Review}}
 +
 
== Summary ==
 
== Summary ==
 
This article will explain how to post a V.A.T. only credit.
 
This article will explain how to post a V.A.T. only credit.
Line 5: Line 7:
 
* Go to {{Menu|{{SL}}|Invoice/Credit Notes}}.
 
* Go to {{Menu|{{SL}}|Invoice/Credit Notes}}.
  
−
Using the [[How do I Do a V.A.T. only Invoice?|THIS]] knowledge base article as reference follow the same steps with two small differences.
+
The Knowledge Base article [[How do I Create a Vat Only Transaction?|How do I Create a Vat Only Transaction?]] explains how to create a Credit Note to reverse the V.A.T. portion of an invoice.  
−
 
 
−
* On the {{DataPrompt|Invoice/Credit}}, enter {{DataValue|C}} for credit.
 
−
* When you get to the  {{DataPrompt|Document}}, the system will pop up a screen called '''"Document To Credit Selection"''' which allows you to either:
 
−
** '''Allocate''' the credit to a specific invoice. No further questions will be asked.
 
−
** Leave the credit '''unallocated''' on the customer's account.
 
−
*** If you choose this option, when you press {{KeyPress|F5}} the system will ask '''"Is this intended as an unallocated credit?"'''. This might be because the credit note applies to more than one invoice, or because all the invoices have been paid and this credit note relates to a refund.
 
−
***Clicking {{Button|Yes}} allows you to proceed.
 
−
***Clicking {{Button|No}} will take you back to the ''"Document To Credit Selection"'' screen.
 
−
 
 
−
Once you have made your choices, continue to follow [[How do I Do a V.A.T. only Invoice?|THIS]] article as a reference.
 
  
−
{{Information|text='''Remember''' - To explain why the credit is for V.A.T. only.}}
+
{{Information|text='''Remember''' - In the Product Description to explain why the credit is for V.A.T. only.}}
  
 
== See also ==
 
== See also ==

Revision as of 09:18, 5 August 2015

 This article or section is under review.
Be aware: Content may change as the document is reviewed.

Summary

This article will explain how to post a V.A.T. only credit.

More Information

The Knowledge Base article How do I Create a Vat Only Transaction? explains how to create a Credit Note to reverse the V.A.T. portion of an invoice.

Remember - In the Product Description to explain why the credit is for V.A.T. only.

See also


Feedback
Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'
Keywords AND Misspellings
VAT, V.A.T, Value, Added, Tax, Credit,Text, Sales, Refund
Retrieved from "https://www.catalyst-uk-support.com/kb/index.php?title=How_do_I_Do_a_V.A.T._only_Credit%3F&oldid=23217"