Vendor credit memo & credit memo

Vendor credit memo

 We will go to task bar and open vendor credit memo.

 We record the purchases return transaction in this window. First we will enter the vendor id to which we have returned the goods. Next we will enter the date. And provide the journal ledger of account payable, and then we give the quantity and description of inventory which we have returned.we wil also give per unit price and amount of inventory which is returned.

Credit memo

 we will go to task bar and click on credit memo, in this window we will receive the goods from our customers and record three transaction of sales return. in this window we will provide the customer id,date of sales return, credit number, customer p.o, quantity of inventory, description of inventory, per unit price and amount of inventory which is returned to us. preview  of this window is as follow.