Sales Return Accounting
The Sales Return Accounting (SRA) SuiteApp lets you track sales returns separately in the mapped sales returns account. You can map a sales return account for a unique combination of subsidiary, sales account, and accounting book. When you process a sales return, the SuiteApp creates a GL debit entry in the mapped sales returns account and a GL credit entry in the sales account for the sales amount.
The SuiteApp lets you:
-
Map a sales return account for a unique combination of subsidiary, sales account, and accounting book.
-
Configure transaction types, subsidiaries, and accounting books in the Sales Return Accounting Custom GL plug-in.
-
Create new GL entries for sales return transactions in the mapped sales return account.
Supported Transaction Types
-
Credit Memo
-
Cash Refund
Supported Features
This SuiteApp supports the following features.
-
Classes
-
Departments
-
Locations
-
Multiple Currencies
To find the features, go to Setup > Company > Enable Features, and click the Company subtab.
Sales Return Accounting Availability
Sales Return Accounting SuiteApp is available for US editions and OneWorld accounts. It’s a managed bundle and updates automatically when there are improvements or new features.
Sales Return Accounting Limitations
For credit memo and cash refund transactions, the Sales Return Accounting SuiteApp supports:
-
250 line items if the Full Multi-Book Accounting feature is enabled.
-
1,000 line items if the Full Multi-Book Accounting feature is disabled.