How to Transfer collection from utility unit to maintenance unit?

How to Transfer collection from utility unit to maintenance unit?

Step 1: Pass the credit note in against the maintenance unit:


Go to Income Tracker >> Member Income >> Click on “Invoice” against the unit and click on “Post General Credit Note” >> Select an invoice by clicking on the checkbox and enter the credit note amount in the “edit amount” section >> Click “Post Credit Note”


Step 2: Raise an invoice in the utility unit to adjust the advance amount:


Go to Utility Tracker>> Utility Income>> Click on “Invoice” against the unit >> Select any Utility income head, add amount, add necessary description, and date of the invoice >> Click on “Post” to generate the Invoice.


Step 3: Post Journal Entry between the posted ad-hoc invoice and credit note to nullify it:


Go to General Ledger >> Journal Entries >> Add the same date as the credit note and invoice:


Income a/c (Ad-hoc) Dr
Credit Note Cr


Author: Ayushi