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Gross Profit not match & Close AR Invoice VS Standalone AR Credit Memo not liked up.

Aug 09, 2017 at 10:22 AM


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Dear Sir / Madam,

1. I have create AR Invoice No:1200 with 1 Item (10 Qty * 10 Price after discount = Rs-/1000).

2. Incoming payment received Rs-/1000

3. Last Purchase price was Rs-/900. So, I have earned Gross Profit of Rs-/100.

4. After some days I give discount of Rs-/50 to client against AR Invoice No:1200. So, I have created standalone AR Credit Memo. But issue is Gross Profit not down from Rs-/100 to Rs-/50 and AR Credit Memo not linked up with AR Invoice.

This type of activity done on daily basis almost 20 To 30 AR Credit Memo generate.

Kindly provide solution regarding Gross Profit & Close AR Invoice VS Standalone AR Credit Memo liked up.


Srujal Patel

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