Returning Merchandise to Vendor
When returning an item to a vendor, create a Credit Memo which will update your inventory and billing. The inventory update will finalize when you select the Receive PO action.
- Go to Inventory > Purchasing
- Select to Create New Purchase Order and set the PO type to Credit Memo.
- After you set the details on the newly created Credit Memo, you can add products and do most actions available for normal POs.
- To finalize the Credit Memo you have to select the action Receive PO from the purchasing list. This will mean that the items are returned to the vendor and they will be subtracted from your inventory.