I have a large credit and new invoice from B Gas with different VAT rates on the credit note, some at 5% and some at 20%. I want to put 2 credit notes on for the VAT rates and then allocate against the new invoice with the balance left being paid through the bank. How do I put a credit note on and not link it to the invoice, I just want the two credits and invoice on the ledger and then allocate it all from the bank payment.
Thanks
Hello @Newbie2
You would need to open the invoice > More Options > Credit note
Enter the credit details and save it to reduce the invoice balance.
You can then pay off the remainder via the bank
Do you mean the old invoices or the new large one I am about to post? How does it work with different VAT rates?
Hello @Newbie2
Are the credits relating to old invoices?
You could record them on new one as you mentioned.
Example
£1000 gas invoice @20%
Raise credit as I mentioned (the below has £300 at different rates).
Would result in this
Hello @Newbie2
Yeah, that would be fine, the method I suggested matches your request and is considered the easiest.
You could split the credit in two if you wish but its not necessary.