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How to Perform Basic Function in Vendor Credit note in ERP?

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Vendor Credits #

 

Vendor Credits are credits that you receive from your vendor as an equivalent of the amount that they owe you. With vendor credits, you can track this amount until it is paid by the vendor, refunded, or applied to other bills of the vendor.

  • Basic Functions in Vendor Credits

Let us see the basic functions that can be performed in the Vendor Credits module in Erpisto.

  • Enable Purchase Orders

You can create a vendor credit in Erpisto. Here’s how:

  • Go to Purchases > Vendor Credits.
  • Click the + New button in the top right corner of the page.
  • Fill in the required details.

Fields Description
Vendor Name Select the vendor for whom you are creating the vendor credit.
Credit Note Enter the corresponding credit note number for the vendor credit. 
Reference  Number Enter an optional order number.
Vendor Credit Date Select the date on which you created the vendor credit.

  • View Vendor Credits

If you have already recorded vendor credits in Erpisto, you can view them in the Vendor Credits module. Here’s how:

  • Go to Purchases > Vendor Credits.
  • Select the vendor credit you wish to view.

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