Hello All ,
We have below scenario and the issue is with the COPA signs , I searched a lot but I did not get a good reply
work , so wondering if any one can advise or guide me
1) We purchased some Service from the Vendor for 3000$
2) We Received the Services worth 3000$ literally and within the system
3) We Created invoice and Made payment to the vendor for 3000$
4) Services Worth 500$ were subsequently found to be not completed and We are requesting credit from the Vendor and
Vendor agreed to pay 500$ to us
5) We Gets 500$ from the Vendor
So we have
PO Vendor 2000 GR 2000 IV 2000For the 500$ which the vendor owes us , we will create a credit memo for the same ,
Credit memo --> Bill it to get below accouting and print the invoice as well .
so AR Debit
CR Revenue GL (Maybe a new account here)
Till here its okay , but when it goes to COPA we want to see that 500 with a -ve sign , presently it is flowing as +ve
I tried different options and I also tried to use the signs in COPA but that did not work either
Appreciate everybody's help and support well in advance
Thanks a million !!
Aryan