Understanding Transaction Nature Codes for Credit and Debit Notes (Release 9.2 Update 26)

This section provides an overview of transaction nature setup for credit and debit notes. It also explains how the system uses the transaction nature and transaction suffix to retrieve default credit and debit note values.

Set up the transaction nature and transaction suffix to define default values for the Credit/Debit Note Type and Credit/Debit Purpose Code.

The system uses these default when it processes credit and debit notes.

Field	Description
Credit/Debit Note Type	Enter a value that exists in UDC 76B/FD to identify whether the transaction is a debit note or a credit note.
Credit/Debit Purpose Code	Enter the purpose code that identifies the government-defined reason for the debit note or credit note.

All detail lines in the same nota fiscal use the same transaction nature, transaction suffix, Credit/Debit Note Type, and Credit/Debit Purpose Code.

Note: For specific debit or credit note purposes, the government may require that the system apply only the new taxes. For a specific transaction nature and transaction suffix, disable the old taxes ICMS, ICMS Substitution, and IPI.