Applying a Credit Memo to a Deduction

Access the Select Credit Memos form.

The system displays all of the credit memos entered for the customer for the company and currency of the deduction record. You cannot apply credit memos entered for a company or currency different from the company and currency of the deduction.

To apply a credit memo to a deduction:

1. On the Select Credit Memos form, complete the Credit Memo Activity Code field.

   You must select a code that is set up for a credit memo activity.

2. Select the credit memos that you want to apply against the deduction in the detail area, and click Select.

   A check mark appears next to the credit memos that you select.

3. Click Close.

   The credit memos that you selected appear on the Deductions Activity Entry form.

4. On the Deductions Activity Entry form, override the values in the DA CD, Activity Date, G/L Date, and Activity Amount fields as necessary, and then click OK.

   • Credit Memo Activity Code

     Enter the code that represents an activity that you assign to open deduction amounts. The code that you assign must exist in the F03B42 table.