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Debit Memo Misc Tab

The Debit Memo Tab is used to enter/review information for Non-Inventory related returned transactions.

1.The Qty (Quantity) field is read only and displays the Returned Quantity.

2.The Description field can be used to enter a description of the non-inventory related transaction.

3.The Account ID field will automatically be filled in with the General Ledger Account ID you assigned to the account during set up.  See: Security > Default Accounts tab.  The Account ID field also has a combo box that you may then click on that will bring up the list of Accounts so that you may change the Account as appropriate.

4.The Job ID field can be used to assign a Job ID to track the purchases for a job.

5.The Tax field is actually a combo box where you can enter different methods of sales tax for the selected line item.  This can be important if you are charged sales tax on one line item but you are not charged it on every other line item.

6.The Cost field will automatically fill in with the selected Item No's Last Cost entered in the Inventory Items form.  You can override this cost with a different amount if you need to but if you do, the Last Cost field in the inventory items form will also be updated.

7.The Total field will display the Returned quantity multiplied by the Cost field.  If you returned 5 and the cost was 30.00 each then the total field would display 150.00.


Related Topics

Debit Memo

Debit Memo Overview