We buy material at an X cost but on a later date we are given a credit note for Y amount. This is standard practice in all granules purchase from Ril, HMEL, IOCL etc. It is called monthly discounting/MOU discounting.
How do we make revalue the stock based on this in erpnext
Would need to know as well
Hi @Yo_fun and @TalhaButt2508
Not sure about this answer but the eperts can correct me: -
(Negative) Landed Cost Voucher - I would recommend however its purpose is for different suppliers but same stock - Landed Cost Voucher . This takes care of the stock
Create Debit (Return) Note without effecting stock (items are non-stock and you can ignore the warnings). This takes care of the payment side
For accounting purposes make sure the default expense account for the non-stock item in step 2 is the same as the expense account in step 1 so they can net-off and become zero
Hope it helps