Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
NSC | Difference Between Credit Memo Created From Return Authorization and Invoice
You can create a Credit Memo from a Return Authorization or directly from an Invoice. Here's the difference between the two and see what aligns to your business process more.
Credit Memos created via Return Authorization does not affect Inventory as Inventory is impacted on the Item Receipt of the Return Authorization. On the other hand, a direct Credit Memo will affect the Inventory if a value is set on the quantity field.
GL Impact of a Credit Memo created from a Return Authorization:
GL Impact of a Credit Memo created from an Invoice:
I hope this helps! ❤ Feel free to share your own tips and tricks under
Dominica Sevilla - Oracle | OTC / P2P / SCM Guru
Tagged:
0