Credit Memos/Sales Returns

Credit Memos/Sales Returns

We have learnt how to record sales now it’s time to tell you about the sales return or credit memo. When you sell goods to your customer, it might be possible that the goods become stale or those goods are not manufactured in right way then it is very obvious that the customer will return those goods to you. Retaining the customer is far important than attracting the new one so in that context you have to facilitate the customer by taking back the goods that you have been sold. So for this move your curser to “TASKS” and then on “CREDIT MEMOS” like the following picture:

Now click over, by clicking you will find the following window:

Customer ID: Here you have to select the appropriate customer from whom you are taking back the goods that had been sold. When you will select the customer your window will be changed like the following picture:

Now here you have to select the appropriate Invoice number like the following picture:

When you will select the invoice you display will be changed to the following picture:

Date: When you will select the customer the color of Date will be changed to blue like the above picture and you can change it to that date on which you are receiving the goods.

Credit No.: it’s a number of your organizational recording Credit book.

Item: All the items will appear automatically when you will select the customer.

Quantity: It will appear automatically when you will select the customer.

Retuned: Here you have to write the Particular quantity against the particular Item.

Description: It will appear automatically.

Unit price: It will appear automatically.

Amount: It will be calculated automatically by multiplying the returned quantity with unit price.