When do I use a Debit Note ?

You under-billed the customer. You sold them goods worth $110/- but mistakenly issued the Invoice for $100/-. You could then issue a Debit Note to them for $10/- to sort this out. Note you could also issue another Invoice for $10/- if you prefer. You should use the same Account you used in the original […]
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Customer has short paid, what do I do ?

You issued an Invoice for $2,030.00 but your customer only paid you $2,000.00 and you don’t want to recover the difference. First knock off the Invoice with $2,000 as usual. Your Debtor Reports and Statements will still show an outstanding debt of $30.00. Call for another new receipt. Enter the Total Receipts as $30.00 but […]
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