Goods Return Treatment
1. If you want to show sales / purchase returns separately you must
open a separate Sales/Purchase Return A/c. The Balance Sheet class of
this A/c must be "Returns: Sales " or "Returns: Purchases ".
2. Further you must assign it an appropriate Vat Class.
3. There is a setting available under Vat Return. The setting is under "General Category" and reads like :-
"Show sale / Purchase returns separately ".
Mark "YES" separately against this option.
4. Amounts
debited in Sales / Purchase A/c shall always be shown in
net figures in various forms.
