Results 1 to 6 of 6

Thread: Pastel credit note posted in incorrect period.

  1. #1
    Full Member
    Join Date
    Jul 2014
    Location
    Pretoria
    Posts
    48
    Thanks
    12
    Thanked 2 Times in 2 Posts

    Pastel credit note posted in incorrect period.

    What would be the easiest way to correct a credit note posted in the incorrect period in Pastel?

    The way I am thinking, is to post a customer journal to contra it and then re-do credit note in correct period?

  2. #2
    Diamond Member Neville Bailey's Avatar
    Join Date
    Nov 2010
    Location
    Westville, Durban
    Posts
    2,760
    Thanks
    44
    Thanked 451 Times in 396 Posts
    It depends whether or not the credit note contained inventory line items or general ledger line items.

    If it contained inventory line items, then you will need to process either an invoice or debit note to reverse it. If it contained only general ledger items, then you can get away with only processing a customer journal (don't forget to account for the VAT).
    Neville Bailey - Sage Pastel Accounting Consultant
    www.accountingsoftwaresupport.co.za
    neville@accountingsoftwaresupport.co.za
    IronTree Online Solutions

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  3. Thanks given for this post:

    Heidivf (12-Dec-14)

  4. #3
    Full Member
    Join Date
    Jul 2014
    Location
    Pretoria
    Posts
    48
    Thanks
    12
    Thanked 2 Times in 2 Posts
    Hi

    I keep that in mind when I process it. Thanks!

  5. #4
    Email problem
    Join Date
    Sep 2017
    Location
    Yzerfontein
    Posts
    3
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Please help. Credit note was done in wrong period because of wrong date. Need to change date for correct period. CN been updated

  6. #5
    Full Member
    Join Date
    Jun 2012
    Location
    Eastern Cape
    Posts
    41
    Thanks
    1
    Thanked 3 Times in 3 Posts
    You will have to reverse the Credit Note and then Redo it.

    You can reverse it by doing a debit note - Exactly as you did the Credit Note, including the incorrect date. When you have done and updated it, just do a new Credit Note

  7. #6
    Email problem
    Join Date
    Sep 2017
    Location
    Yzerfontein
    Posts
    3
    Thanks
    0
    Thanked 0 Times in 0 Posts

    RE CREDIT NOTE

    Quote Originally Posted by prettypegagirl View Post
    You will have to reverse the Credit Note and then Redo it.

    You can reverse it by doing a debit note - Exactly as you did the Credit Note, including the incorrect date. When you have done and updated it, just do a new Credit Note
    Thank you so much for info. Will do so.

Similar Threads

  1. [Question] Is the credit note not linking to the invoice?
    By InsaneZombie in forum Accounting Forum
    Replies: 3
    Last Post: 12-Nov-14, 08:25 PM
  2. [Question] Pastel Accounting - incorrect entry period
    By WendyO in forum Accounting Forum
    Replies: 4
    Last Post: 11-Oct-13, 07:17 AM
  3. Reversing a Credit note
    By Karen07 in forum Accounting Forum
    Replies: 3
    Last Post: 10-Sep-12, 10:45 AM
  4. Credit note designer form file name in Pastel
    By Hermanb in forum Accounting Forum
    Replies: 6
    Last Post: 16-Jan-12, 09:46 AM
  5. Unfair / Incorrect Credit Bureau Listings
    By Svgtrust in forum National Credit Act Forum
    Replies: 17
    Last Post: 22-Sep-10, 10:15 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •