Accounts Receivable | Financial Management
Credit and Debit Notes
Corrections raised as documents, applied to the invoice they correct.
What it does
Inside Credit and Debit Notes.
The customer balance reflects every correction, and nobody edits a posted invoice to get there.
01
Credit notes and debit notes raised against a named invoice
02
Reason coding, so recurring credits can be counted and stopped
03
Open credit tracked until it is applied or refunded
04
Statutory credit and debit note numbering where the country requires it
Where it sits
Part of Accounts Receivable.
Credit Management Limits, exposure and terms evaluated before the commitment. Collections A worked queue ranked by cash at risk, with contact history attached. Disputes and Deductions Contested invoices become cases with owners and deadlines. Cash Application Receipts matched to invoices on the day they arrive. Customer Statements Statements and portal access that reduce the reason to call. Sales Agreements What a customer committed to, and how much of it they have actually drawn. Customer Rebates Rebates accrued as the customer buys, not discovered at settlement.
Run Credit and Debit Notes against your books.
A working session on your structure and a month of your documents.