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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Partial credit note on...
Microsoft Dynamics AX (Archived)

Partial credit note on Fixed Price Project Invoice

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Posted on by Santosh Gokhale 35

Hi ,

We have a requirement to raise credit note on the Invoice amount already billed to Customer. Invoice status is posted and it is a Fixed Price Project. (Project type)

We have created a Contract having billing rule with units of delivery -''Month''. It is a yearly contract to bill Rs.100,000/-  monthly

Now we want to raise a credit note of Rs.10,000/- against Invoice amount of Rs.1,00,000/-.  Would like to know how to achieve the same.

Regards,

Santosh

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  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hello Santosh,

    You can setup a second T&M billing rule, record a (negative) fee transaction an invoice the customer for that fee. Alternatively, you can setup a T&M subproject, create a (negative) fee transaction and create the credit note through that subproject.

    Would be great if you could test if the one or other solution works for you and let us know.

    Many thanks,

    Ludwig

  • Santosh Gokhale Profile Picture
    Santosh Gokhale 35 on at

    Hi Ludwig,

    Thanks for the response. Will check and update shortly.

    Regards,

    Santosh

  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hello Santosh,

    Just wondering whether you have been able to test and get this work.

    Would be great if you could let us know, also if additional info/Support might be required.

    Many thanks,

    Ludwig

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