SageForum for UK versions of Sage 50- Help and support.

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

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.