How to Create Credit Memo from Invoice History
Q - I notice that in the V7.3 release notes, you provided the ability to create a COP Credit Memo from invoice History. What menu is this feature accessed from?
A - You can create a credit memo based on invoice history data from COP -> Processing -> Order Entry -> Change. At the Order No field, press either F3 or F4 to create credit memo. See sample screen below:
The F4 key allows users to create a credit memo based on a posted invoice. This is assuming that the customer is returning the entire shipment, or you need to reverse the entire billing of an invoice.
The F3 key allows users to create a credit memo based on a serial number. If you track serial numbers in Elliott, this is a very convenient feature when your customer returns a serialized item (maybe due to damage, for example). This function will create a credit memo for that serial number only.
Use F4 Key to Create Credit Memo
This screen is very similar to the Invoice History Inquiry by Customer screen. You will first identify the customer for whom you wish to create the credit memo. Then at the "Inv No" field, you can either enter the invoice number, or use the F1 key to show a list of invoices. See sample screen below:
You can highlight the invoice and press Enter. Then the detail screen will show up. See the sample screen below:
In this window, you will be given the chance to review the invoice itself. If you agree that you should create the credit memo based on this invoice, then you can press the F3 key to create the credit memo. Note that the system will prompt you for the following at bottom of the screen:
RMA Status: (possible values are W=Waiting For Returns, P=RMA Printed, R=Received)
You can press Enter without using the RMA (Return Material Authorization) feature. Giving an RMA status of "W" or "P" will prevent this credit memo from printing until its status is changed to "R."
In addition, system will ask you:
Return For Credit? (possible values are Y=Yes, N=No)
If you answer "Y," then the credit memo is created without quantity returned to stock. On the other hand, if you answer "N," then the credit memo is created with quantity returned to stock.
Lastly, system will ask you:
Return To Warehouse Location?
The default value is the invoice location. But it is possible that you can return to a holding location so you can check the inventory first before releasing it for sale.
Finally, it will give you a message like the following:
Order No (999999) Created, Press <Enter> to Continue
You can press the Enter key and you will see the credit memo brought up in Change mode in the Order Entry screen, where you can make further changes if necessary.
Use F3 Key to Create Credit Memo
When you use the F3 key to create a credit memo, the item number field is optional. But the serial number field is required. Once the system can identify the serial number, the following sample screen will be brought up:
The rest of the steps to create the credit memo are similar to F4 key process.
In conclusion, using the F3/F4 key to create a credit memo is much faster and more accurate than creating the credit memo by manually typing.
EMK