If we maintain inventory and make purchase invoices of 10 items against supplier, then how can we treat purchases return of 4 items?

[image] lubos: If you get cash refund, simply record this transaction under Bank Accounts tab where you will receive money and categorize them to Inventory on hand account. (Apologies if i have missed somthing) I searched the forum but could not find any posts explaining how do we deal with …

As you generally return the items first and then receive the refund second, it quite ok to do the Debit Note as this records that items have been returned, then when you receive the refund - Receive Money with Account = Accounts Payable - Supplier, this will cancel out the Supplier Credits. If the …

Fantastic, thank you! Just wondering, is this a work around or the official way of entering the refund? Would be nice if money was refunded, that on Debit note there was a dropdown for bank account as there is for invoice/supplier credits?

No its not a work around, it properly documents the movement of Inventory Items and it saves one from having to maintain separate tracking (external of the accounting system) that the refund does arrive. The Debit Notes allows for the following: Your inventory items quantity status is always corre…

[image] Brucanna: As you generally return the items first and then receive the refund second, it quite ok to do the Debit Note as this records that items have been returned, then when you receive the refund - Receive Money with Account = Accounts Payable - Supplier, this will cancel out the Supp…

please read the below topic for details regarding your query. [image] [17.9.28] Improvements to automatic credit allocations Implementation of automatic credit allocation in Manager was a concept which was always causing issues among users. The latest version…

[image] itmoto: Clicking on the balance due (£45.29) of Invoice total £156.91 see that the invoice was paid in full on 07/07/2017 Yes I read that release but how does the above happen?

It isn’t possible to completely diagnose your problem without seeing the actual transactions. But from what you have shown, £45.29 was applied to invoice 3099645 that should have gone towards invoices 3077154 and 3037309. This may have been because you selected that invoice when posting a total paym…

Thanks @Tut , it is very strange. I have spent 3hours (so far!) trying to find the problem without luck and I have the data. Just to be clear, with this particular supplier, every time I pay a purchase invoice it is a spend money click from within the purchase invoice. So I don’t worry about automati…

First, let’s correct terminology. A purchase invoice credits Accounts payable and the supplier’s subaccount. So a debit note debits Accounts payable. Nevertheless, I understood what you were describing. As I was suspecting, your problem occurred because of the debit note. You haven’t explained ever…

How to return supplier inventory returns

sharpdrivetek October 4, 2017, 2:55pm 9

please read the below topic for details regarding your query.

Topic		Replies	Views
Refund from supplier	13	6201	July 5, 2016
Recording credit notes from suppliers	33	10265	March 10, 2017
Return Inventory Item back to Supplier and Getting Paid in Cash	8	1004	December 10, 2019
How to record refund from supplier in newer version of manager?	18	2232	August 2, 2016
How to handle credit notes received from suppliers?	11	59616	July 22, 2014

How to return supplier inventory returns

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