Hi team,
Any one have idea in ERPNext how to handle Payment return entry…
Case: iF you make Advance payment entry with out any reference after that we cancel business with that supplier so that supplier return that amount. so in erpenxt how to record that entry
Hi @Umasankar.A ,
You have to create a purchase order and make payment entry from the purchase order. So advance payment is done but if business with that supplier will be cancel then you can create a Journal entry to debit a supplier and credit your bank account to settled out advance payment.
Thank You !
Why not just create another payment entry for the same supplier, but this time of type “Receive”?
You paid to supplier, so you made a payment entry.
You received from supplier, so why not make another payment entry.