Credit Note Transaction Entry tax details

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Posted on by Community Member

Hi,

Is there a way how to set up default TAX details for when entering a new credit note from Transaction Entry window in Purchasing?

Thanks,

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Heather Roggeveen 9,146 on at

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Hi

I have always used the Return document type because it does do the taxes automatically. We even change the name of the form for our clients so that the Return form says Credit Note.

Cheers

Heather

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Community Member on at

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Thank you for your reply.

Unfortunately, the use of the 'Return' won't fully meet the client's requirement. However, could be an option if there is no setup that will default the Credit Note tax details.

Thanks again

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Bill Campbell 12 on at

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Do you have your Tax Schedule and Shipping Method attached to Vendor?

For our clients as long as these are supplied, the correct tax is calculated for the transaction - either Credit or Invoice recording.

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Community Member on at

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Hi Bill,

Yes the setup for Tax Schedule and Shipping Method is done for each vendor, in fact it is being correctly inherited to Transaction Entry of type 'Invoice' and ' Return' but not for type 'Credit Note'.

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Bill Campbell 12 on at

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This is not the 'best' work around but it does work for Credit Notes.

When you open the Transaction window - select Invoice type - then select Vendor ID - click single tab to move to Address ID - this populates the window - then change the type to Credit Note and the information in the Shipping Method and Tax Schedule will be already populated.

Again, not the "BEST" solution, but one that works with a minimum of change in routine for the person doing the data entry.

Let me know if this works for you.

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Manjunath Vemula 1,197 on at

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Hi CZS,

Did you get any solution for this? Defaulting tax schedule id for Credit Note and Debut Note?

Thanks,

Manjunath V

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