Suggestions:
Purchase return is used for returning material to the supplier on account of various reasons such as damaged goods, quality difference or non-requirement, etc. The system tracks returns with reference to the Purchase receipt, updates Inventory and passes reversal of financial entry.
System provides two options while doing the Purchase return. They are replacement and credit note.
The system has options, for a vendor to provide replacement for rejected goods or a credit note to reduce the payable position.
The “Purchase Return” module ensures the necessary entries are made in all the affected modules and the Accounts Payable module.