What is the purpose of a credit note? When a credit note is posted what happens to the customer balance? What transaction(s) are created in the General Ledger module?

Question 2

 How is the posting date different from the session date?

Question 3

Explain if you should use an adjustment entry to record a customer NSF cheque returned by the bank. Why or Why not (including how a NSF cheque should be processed).

Question 4

How is a General Journal entry in Sage 300 2019 different from a manual accounting journal entry?

Question 5

If you repeatedly get the message that an invoice entry will cause a customer to exceed the credit limit, what should you do?