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How Return items from a vendor after entering a bill

I am trying to follow the below steps to return items to vendor once they are billed

but when i complete the transaction i can see my profit rate is increased 


I dont know why profit rate is increasing after returning products , please help me where im doing it wrong



When you return items from a vendor, you decrease your quantity on hand of the items you're returning and create a credit with the vendor.

To do this task

  1. Go to the Vendors menu and click Enter Bills. 

  2. Select Credit.

  3. Enter the name of the vendor to whom you're returning items.

  4. Click the Items tab.

  5. Enter the items you're returning.

  6. Save the credit.

Solved
Best answer 12-10-2018

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Established Community Backer ***

Looks correct to me.

Looks correct to me.

View solution in original post

2 Comments
Established Community Backer ***

Looks correct to me.

Looks correct to me.

View solution in original post

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Re: How Return items from a vendor after entering a bill

which accounts will impact this record?


@sms2friends wrote:

I am trying to follow the below steps to return items to vendor once they are billed

but when i complete the transaction i can see my profit rate is increased 

 

I dont know why profit rate is increasing after returning products , please help me where im doing it wrong

 

 

When you return items from a vendor, you decrease your quantity on hand of the items you're returning and create a credit with the vendor.

To do this task

  1. Go to the Vendors menu and click Enter Bills. 

  2. Select Credit.

  3. Enter the name of the vendor to whom you're returning items.

  4. Click the Items tab.

  5. Enter the items you're returning.

  6. Save the credit.


 

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