Crediting Purchase Invoices

This option allows you to credit a purchase invoice that has been charged against a Landlord or a Tenant that is still 'outstanding'.  Expert Agent will automatically create a credit note which matches the net, tax and gross amount and also the nominal ledger to which the original invoice was assigned to.

Ensure you are in the record where the invoice has been charged, right click, hover over ‘Financial’ and select ‘Credit a Purchase Invoice’.

The following window will appear:

1. Check the transaction date is correct.
2. Tick the box against the purchase invoice that you would like to credit.
3. Click the ‘Save icon" to create the credit note.

The credit will appear on your statement tab as below:

You can see that Expert Agent has now allocated the credit against the invoice which is now listed as 'paid' and the statement balance adjusted accordingly. The contractor statement will also be updated to show the credit of the invoice.