[GNC] Credit note posting to an expense account

[Adrien Monteleone]

The credit note should be posted to A/R, but the line item(s) in the 
note can be posted to expense accounts.

Except for the reverse posting (credit vs. debit) they are the same as 
invoices & bills.

Regards,
Adrien

On 6/25/22 11:18 AM, davidvernonlong at gmail.com wrote:
> I wish to create a credit note in A/R and post it to an expense account.
> The only options I see are to post to an income, liability, or asset
> account, and I can well understand why, as in most business processes a
> credit note represents a negative income.  The only work around I can find
> is to post to an intermediary account, for example a suspense account in
> liabilities, and then post out of that account in a second transaction to
> the expense account.  Is there any other way?
> 
> For background, it's for a member's club where all members are invoiced for
> membership and services in A/R, and sometimes members incur expenses on
> behalf of the club, which I wish to credit to their account and debit to the
> appropriate expense account. A credit note provides a nice document to
> provide them with.