Credit Memo without Qty

Jatin_Patel

Dear All,
Need Help...

I am using Nav 6 sp1.I want to post credit memo to Reverse Purchase Invoice but at this stage
i don't have enough quantity as i can say that i want only financial Effect
of That credit memo.

Is it possible to post credit memo ? ? ?

navuser1

Yes, it's possible.
You can do the same as per actual requirement.

1. Use GL in credit memo Line Level.
OR
2. Use Charge Item

Jatin_Patel

Thanks for your reply sir,

But Actually it is my Import Invoice. So which GL I have to Select in Line level.
There is also Excise and Exchange Rate included.

navvenkat

at line level select all the G/L accounts affected by purchase invoice and post the credit memo.

Jatin_Patel

It is fine..But There was also Freight which was charged by Structure (Load on Inventory).
Can i reverse it ???

navvenkat

yes you can select the Freight G/L account and post the credit memo

Jatin_Patel

It is fine But how can i unload from Inventory...As it is loaded on the cost of Inventory....

navvenkat

create an item journal with entry type Negative Adjmt. and apply that entry to the entry posted by using field 'Applies to Entry' in item journal.