How to Create a Credit Note

Introduction #

Managing credit notes is essential for handling refunds and adjustments in financial transactions. This article provides a step-by-step guide on how to create and manage credit notes in the Cosmic ERP Accounting module.

Prerequisites #

Before you begin, ensure you have created the necessary invoice for which the credit note is being issued.

Steps to Create a Credit Note #

1. Login to Cosmic ERP
   • Enter your credentials and click on the login button.
2. Navigate to Accounting System
   • Once logged in, locate and click on the Accounting System from the main menu.
3. Access Sales
   • In the Accounting System, find and click on the ‘Sales’ option.
4. Select Credit Note
   • Click on the ‘Credit Note’ option within the Sales section.
5. Create New Credit Note
   • Click on the create button (represented by a ‘+’ icon) to initiate the creation of a new credit note.
6. Enter Credit Note Details
   • Invoice: Select the invoice for which the credit note is being issued.
   • Amount: Enter the amount to be credited.
   • Date: Select the date of the credit note from the calendar.
7. Create Credit Note
   • Once all information is entered, click on the ‘create’ button to finalize and save the credit note details.

Conclusion #

Creating a credit note in the Cosmic ERP Accounting module allows for efficient handling of refunds and adjustments in financial transactions. Following these steps ensures accurate recording and management of credit note details.