Returns and Adjustments
Best Practices for Managing Purchase Returns and Debit Notes
Overview This article outlines the best practices for managing purchase returns and debit notes, helping you optimize your workflows and maintain accurate records. 1. Understanding Purchase Returns and Debit Notes Before diving into best practices, ...
Impact of Debit Notes on the General Ledger
Overview This article will delve into how Debit Notes impact the General Ledger, providing a clear understanding of the accounting entries involved and their implications on your financial records. 1. What is a Debit Note? A Debit Note is a document ...
Price Adjustments Using Debit Notes
Overview This article outlines the concept of price adjustments using Debit Notes, including step-by-step instructions on how to create a Debit Note for price adjustments and its impact on the original purchase invoice. 1. What is a Price Adjustment? ...
Creating and Managing Debit Notes
Overview This article provides a step-by-step guide on creating and managing Debit Notes in iVendNext, along with their impact on accounting and inventory. 1. Understanding Debit Notes A Debit Note is issued when: Goods are returned due to defects, ...
Handling Rejected Items in Purchase Receipts
Overview This article outlines the process of managing rejected items, including how to return them and update your warehouse records accordingly. 1. Understanding Rejected Items in Purchase Receipts When you receive goods from a supplier, you may ...
Understanding Purchase Returns
Overview This article outlines the concept of purchase returns, prerequisites, and step-by-step instructions on how to create a purchase return using the Purchase Receipt feature. Additionally, it explores the impact of purchase returns on stock ...