Hello RT,

If the Credit note is not fully applied then the part of it that is unapplied will age in the Current column.

If there were invoice transactions on file or new debit transactions posted after the Credit note, it will automatically be applied to them.

Try printing the Customer Transactions report with the option, Include applied detail, to see the transactions that have been applied to the Credit note.

If you want to experiment with Credit notes, I suggest that you try posting some sample transactions in the Receivables sample data. If you chose to install it, it is in the program directory: softrak\crwin\samdata.