How to issue a credit note for an invoice?

Use this guide to create a credit note against an existing sales invoice in Raad ERP.

Go to: Accounting > Credit Notes > Create Credit Note

Step 1: Open Credit Note Screen

From the left-side navigation bar, click Accounting.

Select Credit Notes.

Click Create Credit Note.

Step 2: Select Customer

Select the customer.

All previous invoices issued to that customer will be available for selection.

Step 3: Select Original Invoice

Choose the original invoice for which the credit note is being created.

Invoice list will show invoices related to the selected customer.

Step 4: Enter Reason (Mandatory)

Enter the reason for issuing the credit note.

Reason field is mandatory.

Step 5: Add Item Details

Enter the item description.

Enter the quantity.

Enter the unit price.

Tax will be applied automatically based on settings.

You can adjust tax if required.

Step 6: Post Credit Note

Review all entered details.

Click Post to confirm the credit note.

After posting, the credit note will be reflected in customer ledger and accounting reports.

Need Help? Watch the Tutorial