Accounting Behind the Screens—Vendor Credit Memos

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Edit a journal entry using Accounting Behind the Screens

Learn more about standard debit and credit entries in journal transactions

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Edit a record or transaction

Perform other basic procedures

Read the Accounting Behind the Screens overview

When you click Journal in the Vendor Credit Memos window, Sage 50 displays the Accounting Behind the Screens window. You will see the corresponding journal entries for the vendor credit memo that will post to the general ledger. You can modify the transaction by changing the account IDs of journal distributions listed.

  • Purchases Journal tab: This tab appears for all vendor credit memos entered.
  • Cash Disbursements Journal tab: Not available.

For assistance with debits and credits, see Journal Entry Distributions—Vendor Credit Memos.

To return to the Vendor Credit Memos window, click OK. Then, select Save to record the credit memo in the Purchases Journal.