{"id":2637,"date":"2021-04-28T17:23:09","date_gmt":"2021-04-28T11:53:09","guid":{"rendered":"https:\/\/factech.co.in\/blog\/?post_type=ufaq&p=2637"},"modified":"2025-09-11T15:26:19","modified_gmt":"2025-09-11T09:56:19","slug":"how-to-make-credit-entry","status":"publish","type":"ufaq","link":"https:\/\/factech.ai\/blog\/ufaqs\/how-to-make-credit-entry\/","title":{"rendered":"How to make Credit Entry?"},"content":{"rendered":"
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\n\t\t\tA<\/span>\n\t\t<\/div>\n\n\t\t
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\n\t\t\t\tHow to make Credit Entry?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t
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\n\n\tPosted\n\tby\n\n\tVivek Kumar<\/span>\n\ton\n\n\tApril 28, 2021<\/span>\n<\/div>\n\t\t\n\t\t\t
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Factech iBill has the functionality to make Credit Entry. Let us see how to make credit entry using the following process :-<\/p>\n

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  • Go to Payment Menu then click on + New Payment\/Receipt.<\/strong><\/li>\n<\/ul>\n

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    • Now click on Credit Entry<\/strong> tab<\/li>\n<\/ul>\n

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      • Now Select the Bill Plan<\/strong> for which you want to make Credit entry.<\/li>\n<\/ul>\n

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        • Now Enter the Unit No<\/strong> for which you want to make Credit Entry.<\/li>\n<\/ul>\n

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          • Now Select the Date<\/strong> for the Credit entry. Note* Present Date is selected as system default.<\/li>\n<\/ul>\n

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            • Now enter credit Amount<\/strong> which is to be made in the given numeric box.<\/li>\n<\/ul>\n

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              • You can also calculate the GST applicable on the Credited Amount by clicking on Calculate GST<\/strong> button.<\/li>\n<\/ul>\n

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                • Once the GST is calculated as per you requirement then you can put Remarks<\/strong> as per your choice and click on Submit<\/strong> button.<\/li>\n<\/ul>\n

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                   <\/p>\n

                  Video for adding credit entry in billing software<\/h3>\n