After a Purchase Credit Memo is posted, you can apply the document to one or more invoices.
You can also select both Purchase Credit Memos when applying Vendor Payment.
Applying from Purchase Credit Memo
From the Posted Purchase Credit Memo, select the Apply Credit Memo button.
Selecting Purchase Invoices to Apply
An application window will open showing all open Vendor Ledger Entries with Document Type = Invoice, and with the same Currency Code and GL Ledger.
Put a Check to select all the entries to apply the Purchase Credit Memo.
The Applied Payment amount will populate with the remaining amount or the remaining amount to apply from the Sales Credit Memo.
The Applied Discount can be entered manually.
Post the Application
Once the Application has been applied, select the Post Application button.
You will not be able to post the application if the Applied Balance is a negative number.
If the Exchange Rates are different between the Credit Memo, and the applied Purchase Invoices, GoldFinch will calculate and post Exchange Rate Gain/Loss.
From the Purchase Credit Memo, navigate to the Vendor Ledger Entry page to unapply.