Add Restocking Fee to RFC

There are a couple of ways you can deduct a restocking fee from a return from customer:

You can create a Journal type stock code called Restocking (or something similar).

Journal stock allows you to enter negative values on jobs, purchases and returns, which makes it suitable for applying restocking fees.

Note: If you perform strict returns, you can only return the exact stock from the original invoice, consequently, you cannot add a restocking fee to a strict return.

To apply a Journal stock code for the fee deduction, the return would need to be set as a non-strict return, which allows additional lines like restocking fee stock codes to be added manually.

When a non-strict return is finished, Jim2 creates a Debtors PO, as it can’t determine the cost for stock not linked to a job.

You’ll need to enter the relevant costs into the Debtors PO that is created as a result of the RFC, then Finish it.

You can manually calculate the value of the stock less the restocking fee, then enter that amount in the appropriate Price field on the return line, along with the quantity being returned.

This method is simpler and allows you to do a strict return, however it does require manual calculation of the adjusted price.