Complex Credit note

Dovid Lando

We received a credit note from our payroll provider for a correction that we made. It included a large credit to one account, but was balanced by a debit to other accounts, along with service charges and sales tax charges.

How am i to record this credit note in FE, it doesnt allow negative numbers in the credit note.

Jane Garoutte

@Dovid Lando
I would probably enter this as a journal entry. You can attach the document here.

Good luck

Dovid Lando

@Jane Garoutte How can you do that and still have it update the AP balance to the vendor?

Jane Garoutte

@Dovid Lando
Are you talking about the payroll provider? Are you currently processing each payroll through an AP entry? We did that for awhile but found a MUCH easier and more useful way to process payroll by exporting a journal entry from our payroll provider and importing it into a journal entry through the excel add-in.

Dovid Lando

@Jane Garoutte I wish our current provider provided that.

They dont!

But an interesting idea for sure.

The only issue is then I need to do it, and not AP.