Credit and Rebill to Correct Price

If a delivery billed in a prior month was entered with the wrong price, correct it by issuing a credit for the original invoice and rebilling at the correct price. Do not change the gallons—the delivery was correct. Only the price is being adjusted.

Credit Invoice

1. In Sales Journal, use today’s date as the correction date.
2. Set Trans Code to 31 (Credit).
3. In Reference, enter Credit Invoice XXXXX (This format is recommended for easier tracking).
4. Enter the original delivered gallons in Quantity Parts.
5. Enter the original delivered price in Unit Price.

Rebill Invoice

1. In Sales Journal, use today’s date as the correction date.
2. Set Trans Code to 13 (Charge).
3. In Reference, enter Rebill Invoice XXXXX or Price Correction Invoice XXXXX.
4. Enter the original delivered gallons in Quantity Parts.
5. Enter the correct price in Unit Price.

Sample view of customer’s History showing a rebill and credit.