How does the account specific credit note work?
To post account specific credit notes please follow the below process:
Go to Income Tracker >> Member Income >> Select the unit and click on Invoice button.
Under the Invoice window, click on the Account Specific Credit Note option.
Now under the Account Specific Credit Notes window, select the invoice, enter other details like date, comments and then select Allocate Only to Following Income Head.
If Tax needs to be credited separately then click on Apply Tax option.
Note:When you post an Account Specific Credit Note, the credit balance will only be allocated to open dues from the income account selected while posting the credit note.
In case the Income account selected does not have any open balance, Then the credit note amount will reflect as Advance.
This advance can only be allocated to the same Income Account.
If the admin wishes to allocate the advance with any other Income Account, then they need to perform the Remove Restriction first.
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