How to apply a vendor Check from a CM for inventory returned?

How do i apply a check from a vendor who paid me for inventory

items returned back to him? CM has been processed via Return of goods entry.

Many thanks

  • 0

    Two step process.

    1. Either adjust the CM to zero or do a APP zero dollar check to zero it out.. Note the GL account used to take to zero

    2. In AR do a cash receipt and in the customer field enter CASH.  In the line detail select GL type and use the same GL account from step 1.  Post