Thread: Credit notes

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Is there a way to create and print credit notes for a client returning
products etc?

TIA

William

Hi

We have just ported our accounting from Quickbooks to SQL-Ledger and are 
generally very happy with that move.

I am uncertain on how to handle credit notes, though. We enter them as 
invoices with negative quantities, but would like to somehow explicitly 
settle a specific invoice with the credit note, i.e. to see the invoice 
as closed.

What would be the correct way to achieve this?

-- 

Fritz

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On Wed, 19 Apr 2006, Fritz Solms wrote:

> Hi
>
> We have just ported our accounting from Quickbooks to SQL-Ledger and are
> generally very happy with that move.
>
> I am uncertain on how to handle credit notes, though. We enter them as
> invoices with negative quantities, but would like to somehow explicitly
> settle a specific invoice with the credit note, i.e. to see the invoice
> as closed.

set up a payment account and enter the payment. This will close the
invoice.

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>
> What would be the correct way to achieve this?
>
>

This has been discussed on the list previously as well.

I have created a Credit Note (suspsense) account. From this I "pay" the
invoice. Then I create another Invoice with negative quantities which
results in an equal but negative amount as compared to the invoice, and
I enter into the Notes field: "Credit Note for Invoice #####". I then
pay the negative amount from the above suspense account balancing it and
both "invoices" are closed.

I am quite sure, Mr Simader will eventually implement this, or some
other, logic in Perl :-)-O, but the above works for my auditors.

el

on 4/19/06 6:06 PM Dieter Simader said the following:
> On Wed, 19 Apr 2006, Fritz Solms wrote:
> 
>> Hi
>>
>> We have just ported our accounting from Quickbooks to SQL-Ledger and are
>> generally very happy with that move.
>>
>> I am uncertain on how to handle credit notes, though. We enter them as
>> invoices with negative quantities, but would like to somehow explicitly
>> settle a specific invoice with the credit note, i.e. to see the invoice
>> as closed.
> 
> set up a payment account and enter the payment. This will close the
> invoice.
> 

El d=EDa Wednesday 19 April 2006 11:56, Fritz Solms escribi=F3:
> Hi
>
> We have just ported our accounting from Quickbooks to SQL-Ledger and are
> generally very happy with that move.
>
> I am uncertain on how to handle credit notes, though. We enter them as
> invoices with negative quantities, but would like to somehow explicitly
> settle a specific invoice with the credit note, i.e. to see the invoice
> as closed.
>
> What would be the correct way to achieve this?
Enter a payment w/out invoice.

Later,
Manuel

On 4/19/06, Fritz Solms <fr...@so...> wrote:
> Hi
>
> We have just ported our accounting from Quickbooks to SQL-Ledger and are
> generally very happy with that move.

how did you do it ?
djp

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On Wednesday 19 April 2006 12:58, David J Patrick wrote:
> On 4/19/06, Fritz Solms <fr...@so...> wrote:
> > Hi
> >
> > We have just ported our accounting from Quickbooks to SQL-Ledger and are
> > generally very happy with that move.
>
> how did you do it ?
> djp

Hi David.

Here is a archived post you might be interested in. It has a script to convert 
from a Quickbooks IIF file.

http://www.freelists.org/archives/sql-ledger-users/05-2003/msg00082.html

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On 4/19/06, Jason Shein <ja...@de...> wrote:
> On Wednesday 19 April 2006 12:58, David J Patrick wrote:

> Here is a archived post you might be interested in. It has a script to co=
nvert
> from a Quickbooks IIF file.
>
> http://www.freelists.org/archives/sql-ledger-users/05-2003/msg00082.html

Hey Super J ! thanks !
I also scored by searching this list archive to uncover
http://www.sql-ledger.org/cgi-bin/nav.pl?page=3Dmisc/conversions.html&title=
=3DConversions

U rock !
djp
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