Hi, I have returned some faulty goods to one of my suppliers which have now been credited by my supplier. I would just like to confirm the way in which i process this is correct.
a) Manually adjust out the faulty stock (from "Products")
b) Raise a credit note in "Suppliers"
c) Post the credit note value against outstanding invoices
My concern with this process is the adjustment of stock, is this the correct way of doing it or will it affect my P&L and balance?
Many thanks
Need more, need help now?
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
Faulty Stock adjustments
-
Daveall1983
- User
- Posts: 4
- Joined: 25 Sep 2011, 13:53
- Sage Version: V09 UK/Europe/Africa
-
brucedenney
- Site Admin
- Posts: 4664
- Joined: 28 Feb 2006, 09:56
- Sage Version: v30 UK/Europe/Africa
Re: Faulty Stock adjustments
You can adjust the stock out to indicate it's return to the supplier.
however the credit note is a legal tax document so you should not just make one up, you should get one from your supplier and enter it.
however the credit note is a legal tax document so you should not just make one up, you should get one from your supplier and enter it.
For just about anything Sage :- Discount subscriptions, pay-as-you-go support, application integration, reports, layouts, linked excel spreadsheets, analysis or any other help making life with sage easier/less time consuming Contact me.
Who is online
Users browsing this forum: No registered users and 2 guests