How to create Purchase Return?

 

Creating a Purchase Return Entry with AntMyERP

AntMyERP makes it simple to record and manage purchase returns efficiently. Suppose you’ve purchased material from a vendor, received and approved the invoice in the system, but later find that some items are defective and need to be returned.

To initiate a purchase return entry, go to Finance on the left-hand menu. Next, open the Purchase Register. Here, you’ll find all purchase and purchase return entries listed along with key details such as date, vendor name, branch, GST, state, PO number, invoice number, invoice type, status, voucher type, creator, and total amount.

If an invoice is unpaid, click on Action and select Return. The Purchase Return Form will open, automatically filling in all relevant details. From the listed items check the box beside the product that need to be returned then click Save.

Once saved, the purchase return entry is recorded in the system. When you open the Purchase Register, you’ll see that the return has been created against the original invoice along with the returned amount and item details.

To view all returned purchases go to the Purchase Return Register where you can access complete data on returned materials.

With AntMyERP, handling purchase returns is quick, accurate and transparent ensuring all vendor transactions remain up to date and traceable.