Posting credits

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songbird331
Posts: 78
Joined: Wed Feb 22, 2012 12:19 pm

Posting credits

Post by songbird331 »

For purchases charged on a store account and later paid for...then some of those purchases are returned and credited to our account, how do you post a credit to that store?

NeilZ
Posts: 10427
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: Posting credits

Post by NeilZ »

songbird331 wrote:For purchases charged on a store account and later paid for...then some of those purchases are returned and credited to our account, how do you post a credit to that store?
The obvious answer would be enter the same type of transaction that you originally entered for the purchase, but reverse the debits & credits. Again, that sounds too obvious, and too easy.
Neil Zampella

Using PC+ since 1999.

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