We purchase material from a supplier in containers that have a deposit.
The deposit is included on the invoice from the supplier.
If the container is returned to the supplier , the supplier issues a Credit Memo.
The Credit Memo is in the form of a Invoice with a negative total.
How may I record this transaction?
There are different size containers with different deposit prices, currently each container deposit is a variant. The deposit is in Work in Progress warehouse. There is no separate account for deposits. I would prefer not to have to apply the Credit against a Purchase Invoice , rather apply the credit towards a liability account.