credit memo; credit memos will be used for adjustments for some particular business

senario's ultimately considering that customer paid maney

(or) shown against our bill amount

ex:
supplied material to customer for 100000 value ,at the time of delivery of goods
our vehicle given drouble so, we direct
customer 2000 to our driver.These amount adjusted with bill amount.
Also usually crredit (or) debit memos will be used for material returns late
supplies late payents etc.

step1: create late material supplies penalty G/L under expns:

fs00
|
G/L-[400505]
co.code-[777a]
|
Create
|
Text-[late material supplied penalty]
|
Control data tab
|

post customer credit memo:

fb75
|
give the customer-[any customer]
|
amount-[xxxxx]
doc.type-[DG]
|
G/l-[400505](late material penalty G/L)
|
save

note: above posting will be reduced customer balance amount.

Display customer balance

fbl5n
|
Cstr-[xxxx]
|
Execute

vendor credit memo

The same way for customer credit memo vendor quired for real buscredit memo also
required for real bs senario

post vendor credit memo:

fb65{penalty for late supplies]
|
select-[vendor A/C]
doc.date-[xxxx]
|
Amount-[xxxx]
|
G/L A/c-[400505]
|
Amount-[xxxx]
|
Save