This document provides instructions for creating a credit note in Oracle Receivables to directly credit a specific invoice. The key steps are: 1. Query the invoice to be credited and select "Credit" from the menu. 2. Fill out the credit note form with the credit amount and other required fields. 3. Save the credit note, which will be referenced to the original invoice. 4. Complete the credit note transaction to apply the credit fully.

1. 2010
Averda Group
Layal khalil
[HOW TO CREATE A CREDIT
NOTE]
This Document is to show how to create a Credit Note in Oracle Receivables, showing the direct credit
application on a specific invoice which leaves reference between the two transactions.

2. Direct Crediting:
When you are to credit an invoice, and you know the credit note on which specific invoice is supposed to be
applied, you are to move as follows:
1- Query the invoice to be credited
2- Click on Menu > Actions > Credit
3- You will have a form opening where you are to put the value to be credited while almost all other
information are defaulted from the invoice

3. 4- You can fill in any other required information like changing the GL date, or writing a reason for the credit
transaction or changing the currency ….
5- Now you have two options in order to proceed:
a. You click on “Credit Balance”, so the system will fill in the whole amount of the invoice in the
“Amount” field, and a message box appears saying that the amount is to be credited, click on ok .

4. b. You can click on “Credit Lines” and the invoice line items form will appear, you will have to enter
manually a negative line and save it and proceed.
6- Or you can select the credit allocation drop down menu to be lines only, so that you can put a specific
amount on the line, if the invoice is not to be all credited.

5. 7- Note that you can enter in the percentage field, the % you want and the amount will be defaulted or vice
versa, you can enter directly the exact amount in the amount field, but make sure the amount is negative
8- In addition you can click on credit lines if the invoice includes many lines and you want to credit by lines.
9- After you finish, you can notice the balance due in the “Balance Due” field, and if everything is right, you
save.

6. 10- After saving the “Complete” button will be available, you click on complete and the credit memo is
created for this transaction, please also note the transaction number created once saved.
11- You can query the credit note created using the number i.e. “2441”, and in order to check the reference of
the invoice credited