Dynamics 365 BC Correcting an incorrect Purchase Credit Memo

Correcting an incorrect Purchase Credit Memo

Scenario:

We need help to reverse at Credit Memo that was posted to the wrong vendor number.

To correct this, you have two options:
 

1. Create a Purchase Invoice – post the invoice and then apply to the credit memo – if the credit memo posted against an item, item charges or multiple G/L Accounts
2. Do a General Journal to offset the vendor and G/L Account
   1. Enter line for vendor, the Document Type can be left blank
   2. 
   3. Go to Process, Apply Entries.  Find the Credit Memo, select Process
   4. 
   5. Select Set Applies-to ID, then OK to have the system put the amount on the line
   6. 
   7. 
   8. Add the Bal. Account No. and any Dimensions that might be needed.
   1. Post