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

Hi,

I need a bit of advice on the best way to go about things. i have a client that uses Sage v2. He purchases lots of stock for resale. He made a number of bulk purchases from a few suppliers and the transactions were all posted as purchase orders that were eventually turned in to purchase invoices.

He's now received a few credit notes from one of the suppliers that reduces the purchase price of some of his stock items as he was incorrectly overcharged. how would i go about posting this on Sage? if i post a negative purchase order wouldnt this just remove the number of stock items rather than reducing their value?

Any help would be greatly appreciated.

The cost of the stock is recorded on the goods in transaction in the stock module.

Do an adjustment out to remove the stock and then an adjustment in to correct it.

Note sage works on a fifo basis so you may need to remove all the stock and put it all back in bits each at a different value.