Hi Emily, if they gave you a credit note just enter it into your AP system but don't pick pay later pick Credit Card.

Hi

I entered in the AP system the way you have suggested previously but it still leaves the original invoice before the credit note arrived. I am still unsure on how to remove the original invoice.

Thank you for your help.

did you pay for the original invoice?

Hi

No the original invoice is still posted in the AP.

Thank you

then why did they credit your credit card if you didn't originally pay for it?

There is person in the service department at this dealership that does not realize we are on pay later (30 days) and processes parts and credit invoices by credit card on file the odd time. 

you should be able to go to the posted invoice and delete it if you do not want it in your system. 

I post the corporate tax payable in Purchase as pay later.  And it goes to Acct. payable and negative amount in corporate tax payable in Balance sheet. I did wrong?

How will you be paying the Corporate Tax?  Cash, cheque, or credit card?

You should have received a credit invoice from the vendor. If not then create a credit invoice using the original invoice nbr but with a CR in front to signify it is a credit. For invoice date use the date it was returned. Post exactly as you did on the original invoice but use a negative sign in front of amount - this will take update the inventory to show it removed. Then pay it using the credit card as method of payment - this will show as a refund on your credit card balance.

Hope this helps!

thru bank account.

I have owing to CRA the corporataxes, how i make an entry for the owing to CRA.  For payment

thru my bank.  Please .

What is the entry of Corporate tax owing?