We have 388 invoice which has prepayment deduction line and it’s document reference to 386 prepayment invoice. We need to reverse this 388 invoice with Credit note. In this case;
Do we need to add prepayment deduction reversal and it’s 386 Prepayment invoice reference in Credit Note too?
Please advise, credit/debit notes can have “Prepayment Adjustment” line for reversal purpose? When we try simulation system, it is accepting and clearing. Else how can create credit note regarding invoice has prepayment adjustment(even Adjusted PP invoice has different percent like %5 or %0 VAT)?
you have to do that , if the prepayment is returned to the buyer . if not ,and this prepayment will still in the side of supllier ,so do not reverse in the credit note