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Evo-ERP and DBA Classic >> Accounting >> credit card credit memo
http://www.istechforum.com/YaBB.pl?num=1062620508

Message started by deburr on 09/03/03 at 14:21:47

Title: credit card credit memo
Post by deburr on 09/03/03 at 14:21:47

We use a "credit card checking account" to handle credit card purchases. We use this account to pay vouchers which were paid by a credit card. Then we enter a voucher for the credit card vendor and debit the credit card account to balance that account and then pay the voucher with the real checking account. the problem is when I get a credit on the credit card and enter a credit memo for that vendor. If the credit memo is the only transaction for that vendor, I cannot select the credit to apply it to that vendors account. Can this be changed?

Title: Re: credit card credit memo
Post by Laura on 10/17/03 at 09:47:32

I enter the CM.
I then go and void the orignal "check" using todays date.
I then pick & pay a new check using the original voucher & the new CM. . .
(if the credit is 100% the new check will be zero dollars.)

This brings me into balance with my credit card and gives me a good paper trail.