Vendor Debit Adjustments

Creating a Vendor Debit Adjustment

Acumatica uses Debit Adjustments to debit accounts payable, which will decrease the amount owed to a vendor.  Debit adjustments are created to account for a vendor’s credit memo, or to be used as a clearing document to correct errors on an existing bill or credit adjustment.

Debit Adjustments can be created by either adding a new document under Bills and Adjustments OR by reversing a released AP Bill.  

Example of creating a debit adjustment by adding a new document:

Example of creating a debit adjustment by correcting an AP Bill:

Applying a Vendor Debit Adjustment

1. On the Debit Adjustment, select APPLY.  
2. In the Documents to Apply section, click the '+' icon to add a new row. Then, select the appropriate Document Type and use the magnifying glass icon to look up and select the correct transaction.  
3. Click the RELEASE button at the top of the screen to finalize and post the application.