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1.3.2. List Unapplied Credit Memos

Whenever a credit memo amount has not been applied to a specific voucher or debit memo—either in whole or in part—that credit memo will appear on the list of unapplied credit memos.

Note

A newly-entered miscellaneous credit memo is an unapplied credit memo by default.

To access the master list of unapplied credit memos, go to Accounting > Accounts Payable > Memos > List Unapplied Credit Memos. The following screen will appear:

List Unapplied Credit Memos master list

The master list of unapplied credit memos displays basic information on all existing unapplied credit memos, including document number, vendor name, document amount, applied amount, and amount available to apply.

Vendors can be filtered by using the drop down menu.

Note

Once the full amount of a credit memo has been applied, the credit memo will be removed from the unapplied credit memos list.

The following buttons are unique to this screen:

APPLY

Highlight an unapplied credit memo and then select this button to apply an amount.

1.3.2.1. Apply Payables Credit Memo

To apply a credit memo amount, select the APPLY button. The following screen will appear:

Apply A/P Credit Memo

Note

Credit memo amounts may be applied to either open vouchers or open miscellaneous debit memos.

When applying a credit memo amount, you are presented with the following options:

Vendor #

Displays the vendor number of the vendor associated with the unapplied credit memo amount. The vendor name will also display.

Available to Apply

Displays the credit memo amount which is available to be applied.

Applied

Displays the amount of the credit memo applied to the specified document.

Balance

Displays the amount of the credit memo remaining to be applied, if any.

Document #

Displays the credit memo number.

Distribution Date

Displays the date the credit memo applied amount was applied.

Items

Display lists open payables for the specified customer.

The following buttons are unique to this screen:

APPLY TO BALANCE

Select to apply the available balance to any open payables which have not been applied-to yet. Open items having a pre-existing application will be skipped. When making the application, if the applied balance exceeds the amount due on an open payable, the remaining balance will be applied to the next open amount.

APPLY

Highlight an item and then select this button to apply an amount to the item.

CLEAR APPLICATION

Highlight an item and then select this button to remove any amount applied toward the item.

1.3.2.1.1.  Apply Credit Memo Amount

To apply a credit memo amount to an open payable, select the APPLY button. The following screen will appear:

Apply Credit Memo Amount to Open Payable

When applying a credit memo amount to an open payable, you are presented with the following options:

Vendor #

Displays the vendor number of the vendor whose open payable the amount is being applied to. The vendor name will also display.

Doc. Number

Displays the document number associated with the open payable.

Doc. Type

Displays the document type of the document.

Doc. Date

Displays the document's origination date.

Due Date

Displays the date the document is due.

Amount

Displays the original amount due for the selected document.

Paid

Displays the amount paid to date toward the original document amount.

Balance

Displays the remaining balance due.

Amount Available to Apply

Displays the amount of the referring credit memo available to be applied.

Amount to Apply

Specify the amount to apply to the open payable.