There are times where a purchase credit memo may need to be processed in GoldFinch. If there are items that are being returned to the vendor, you will generate the Purchase Credit Memo through the Purchase Return process. If you will be creating a purchase credit memo for a service, you will skip the purchase return process and simply create Purchase Credit Memo.
Create a New Credit Memo
Enter the Vendor's Information
Put a check in the Credit Memo field
Enter the Line Information
Quantity will default to -1 indicating a credit amount will be posted.
Line Amount will calculate showing a negative amount.
When complete, select Save
Post the Credit Memo
Enter the Vendor's Credit Memo number
Enter the Posting Date for the credit memo