FAQs - Purchase

Why do you need to tag an item for return?

If you need to keep you stocks perfect, you should tag the stocks are to be returned. But its not mandatory to tag items for return. Say, you have a stock of 100 and out of this, 10 of them are damaged and you need to return it to the vendor when he comes next week. You have 2 options.

Option 1 :- Tag & Create Purchase Return

Tag a stock of 10 for Return. This would help to get your stocks correct - i.e Stock will become 90 and Tagged Stock will be 10. Later, create a Purchase Return when the vendor drops in. You can add items from the tagged items while creating a Purchase Return. When Purchase Return is approved, Tagged Stock will become 0 and Debit Note will be created.

Option 2 :- Create Purchase Return without tagging

Stock will be 100. When the vendor comes, you can create a Purchase Return. Once everything is confirmed and a credit note is received from the vendor, you can approve the Purchase Return. At this time, Debit Note will be created and the Stock will become 90.