Discounts or Restocking fees can be treated in one of three ways:
▪An expense order is added (not recommended)).
▪A creditor adjustment down is performed on the creditor account for the value of the discount, posting to a GL account of your choice.
▪The value of the credit is reduced (recommended). This will be posted to the stock adjustments GL account. Enter a general journal to move the discount value from the stock adjustments account to a GL account of your choice.
A credit from a vendor can be amended prior to moving the RTV to Finish. This is the most usual way to do it as it mirrors the value of the credit.
On the ribbon, go to Purchases > Return to Vendor, then click Add.
Select the vendor, then select the original PO#. In the stock grid, click the ellipsis [...] and choose the stock to be returned. Calculate the price less the fee to be paid and enter the amount in the Price TF field, then enter the quantity to be returned. Set the status to Finish and Save.
When the Confirm screen pops up, click No.
The following screen will appear.
On the ribbon, go to Accounts > Transaction Journal, and click Run. Which accounts have been impacted will be shown here. As advised in the above message, use a general journal to transfer to a different account (if applicable).
Further information
Add an RTV Against a Different Vendor
Add an RTV Against Multiple POs
Add an RTV for Stock Not Purchased in Jim2
Add Stock to a Return to Vendor