In certain situations, you may need to use a negative amount for invoices, such as when applying a credit note or discount. This process allows you to account for adjustments effectively.
How to Handle Negative Amounts
- Add a New Invoice
- Click HERE to see how to add a new invoice.
- Expense Distribution
- In the Expense Distribution section, enter the original amount of the invoice. You can also include the discount amount here.
Note: Ensure that the invoice amount matches the sum of the GL accounts from the Expense Distribution.
By following these steps, you can accurately reflect adjustments and discounts in your GL accounts, ensuring clarity and consistency in your financial records.
Click HERE for more information on how to pay an invoice.