Purchase Refunds

You use purchase refund window if a Vendor issue you credits, for example if you returned the items you have purchased and paid for it.

To create vendor refunds:

1. On the Vendors menu, click Create Credit Memos/Refunds

2. Select a location

3. Select a Vendor

4. Enter memo date

5. Click on the Add Item button

6. Select an item

7. Enter the item quantity

8. Enter the item price

9. Click Enter button

10. To save the memo click Save & Done, or start from step 5

Warning!

Note that creating the credit memos is equivalent to sending back the items you have purchased and debiting the Accounts Payable.  If you don't have any items to send back, and just depositing money you have received from the vendor, please use Make Deposits from the Banking menu and then select the Accounts Payable and the Vendor.