Purchase Return

A Purchase Return (PRT) is used to record goods returned to a vendor after a Purchase Bill has been created. It updates your inventory by recording the returned items and creates a vendor credit (Credit Note) that can be applied to the related Purchase Bill, reducing the outstanding Accounts Payable (A/P) balance.

Use a Purchase Return when:

1. Purchased goods need to be returned to the vendor.
2. Incorrect items are received from the vendor.
3. Damaged goods are received.
4. Excess quantities need to be returned.
5. A Purchase Bill requires adjustment.

Create a Purchase Return (PRT)

1. Go to Vendor > Vendor Center, select the vendor, then click + Add > Purchase Return (PRT).

Enter the returned items.

1. Select the item(s) to return.
2. Enter the return quantity.
3. Review the cost, tax, warehouse, and other required information.

Apply the Purchase Return to the Purchase Bill.

1. Open the Set Credit tab.
2. Select the related Purchase Bill that you want to offset using the Purchase Return.
3. Click Save & New or Save & Close.