TFX Biz-Flow Comprehensive Guide
  • Quick Start
    • Sell Module Guide
      • Introduction
      • Navigating the Sell Module
        • Dashboard
          • Features
            • Access to Critical Data
            • Interactive Reporting
            • Actionable Insights
        • Product Management
          • Overview
          • Adding a New Product & Services
          • Adding Products/Services via CSV
        • Price List Management
          • Overview
          • Setting Up & Updating Prices
        • Customers Management
          • Overview
          • Adding New Customers
          • Customer Information Management
        • Invoice Management
          • Overview
          • Invoice Creation
          • Editing and Deleting Invoices
      • Compliance with LHDN's E-Invoice Enforcement
    • Buy Module Guide
      • Introduction
      • Navigating the Buy Module
        • Dashboard
          • Features
            • Access to Critical Data
            • Interactive Reporting
            • Actionable Insights
              • Purchases with PO
              • Purchases Without PO
              • Detailed Procurement Tracking
        • Purchase Requisition
          • Overview
          • Step-by-Step Guide to Creating a Purchase Requisition
        • Initiating Quotation/Tender Process
        • Vendor Evaluation
        • Selecting a Vendor
        • Supplier Invoices and Goods Receipt
          • Goods Received Note
        • 3-Way Matching Process
        • Handling Discrepancies in Procurement
        • Inventory and Asset Management
        • Additional Procurement Scenarios
        • Conclusion
    • Pay Module
    • Accounting Module
      • Right of Use (ROU) Asset
      • General Ledger
      • Direct Costs
      • Viewing General Ledger Accounts
      • Subsidiary Ledgers
      • About Debit Note
      • Real-Time Financial Statements
    • Manage Module
      • Inventory Module
        • Inventory Management
        • Our Inventory Management Application
        • Product & Material Inventory Ledger
        • Transfers
        • Issues To Production
        • Adjustments
        • Importance of Stock Count
        • Valuation of Inventory
      • Asset Register Module
        • Non-Current Asset Register
        • Fixed Asset Register
        • Depreciation Methods
        • Disposal/Write Off of Fixed Assets
        • Asset Impairment
        • Maintenance History
      • Project Accounting Module
        • Contract/Project Accounting Module
          • Project Accounting
          • Contract Accounting Ledgers
          • Invoicing
      • Data Migration Module
        • Migration at the end of a Financial Period
        • Migration Process for Trade Receivable and Payable
        • Migration of Fixed Assets
        • Migration of Inventories
        • Migration of Other Asset, Liability, and Equity Accounts
        • Migration During a Financial Year
        • Trade Receivables & Payables
        • Our Data Migration Facilitations
        • Sales Invoice Migration
        • Vendors Invoice
  • FAQs
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On this page
  • Completing the Credit Note Form
  • Finalizing the Credit Note
  • Post-Credit Note Actions
  1. Quick Start
  2. Sell Module Guide
  3. Navigating the Sell Module
  4. Invoice Management

Editing and Deleting Invoices

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Last updated 1 year ago

Ensure you edit or delete invoices as needed before sending. Post-send, any adjustments require the issuance of a credit note.

Credit notes are financial instruments used by businesses to rectify invoicing errors, process returns, or provide refunds to customers. In the TFX Biz-Flow Sell Module, generating and managing credit notes is a streamlined process that ensures your financial records remain accurate and up-to-date.

Initiating a Credit Note

  1. Accessing the Invoice: Navigate to the invoice requiring a credit note from the Invoices section.

  2. Open Credit Note Form: Click on the "Add Credit Note" button on the invoice to bring up the credit note form.

Completing the Credit Note Form

Adding Credit Note Details

  • Select a Product to Refund: Use the dropdown menu to choose the product for which the credit note is being issued, if applicable.

  • Credit Note Description: Provide a clear description of the reason for the credit note for record-keeping and transparency.

  • Price Adjustment: Enter the amount being credited back to the customer's account.

Tax Considerations

  • Service Tax: If service tax was applied to the original invoice and is subject to the credit note, include the appropriate service tax percentage.

  • Total Credit Note Value: The system will calculate the total value of the credit note, including taxes.

Finalizing the Credit Note

  • Review the Information: Ensure all details entered are correct and reflect the intended adjustments.

  • Submit the Credit Note: Click the 'Add' button to finalize the credit note. This will automatically update the customer's account balance and adjust inventory if necessary.

Post-Credit Note Actions

After a credit note is issued:

  • Customer Account Adjustment: The customer's account will be credited with the amount specified in the credit note.

  • Inventory Adjustment: If the credit note is related to a return of goods, the inventory will be updated to reflect the returned items.

Credit Note Option
Credit Note Form