Sales and purchase returns


In some cases our customers will return back the goods , Due to goods quality inferior , expires and  damaged condition.

So that you have to enter this transactions (sales returns) in credit notes.

Gateway of tally>accounting vouchers>credit note(altF8)

Once your enter this transaction , the stock value will increase and outstanding due will decrease in that particular customers

As same as the above we will returns the goods to our suppliers, incase of  the goods quality inferior , expires and  damaged condition.

So that you have to enter this (purchase returns)transactions in debite  notes .

Gateway of tally>accounting vouchers>debite note(alt+F9)

Once you enter this transaction , the payable amount to that particular supplier will decrease and the stock value will decrease.

sales and purchase returns
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