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Special thanks to engineer Sharon Price for providing the following blog content. Due to technical issues I am posting it on her behalf.
Switching from 4.0 to 2012: Creating a Credit Note in Projects
Dynamics AX improves and changes its design and layout with each of its versions. AX 2012 has an easy approach that separates different modules from previous versions, 2009 and 4.0.
Often when upgrading from one version to the next, attempting to perform a transaction can be quite difficult. However, when upgrading from AX 4.0 to AX 2012 is quite a drastic change, thus the frustration to perform daily transactions heightens.
Creating a credit note invoice in a project [AX 2012] follows the steps below.
Follow the General Ledger > Journals and Vouchers procedures to ensure the credit note posted to the project invoice.