Now we are going to learn how to maintain vendor credit memos

1^st click on the task button and select vendor credit memos option as shown in the figure below:

After clicking on this option the following window will appear on your computer screen:

Basically this window is used to record Purchases return, means the things that you’re going to return to your vendors. This window contains different options:

1.       Vendor Id will be written in the vendor id bar.

2.       Date: The date at which you are making this document or recording this will be written in the date column.

3.       Credit no: The credit no will be written for the record.

4.       Terms: In this column the discounted term will be written that how much discount you are going to get from your vendor.

5.       When you will select the vendor then the tab will automatically change from “Apply to purchase” to “Apply to invoice no”.