I need to clarify on the steps.
1) when receive CN from vendor due to price over charged. in miro, i choose transaction type subsequent credit. when come to line item, enter the PO and select the PO line where price affected. i need to change the amount value as per the CN from vendor. correct?
example:a) in PO unit price 10, quantity 8 = 80
DR inventory 80
CR grc 80
c) in invoice unit price 12, quantity 8 = 96
DR grc 80
DR price difference 16
CR vendor 96
d) subsequent credit
DR vendor 16
2) as per the example, in subsequent credit item line, i need to change the amount to 16 . right?
3) what is the Credit side account in d above?