Purchase Return

Purchase return is used to record all stocks or inventory returned to the suppliers. To return the goods, user could navigate to:

TRADING -> PURCHASE RETURN

To perform a purchase return, user need to enter a GRN number. Once the purchase return is saved, a Debit Note (Credit Memo) will be automatically created. This credit memo could be used to knock off the supplier invoices, be it the supplier invoice generated from the GRN, or it could be left open to contra (knock off)  future supplier invoices.