Creating G/L Entry for Sales Returns

The Sales Return Accounting SuiteApp creates additional G/L entries for sales returns. Currently, the supported transactions are credit memo and cash refund.

G/L Entries for Credit Memo/Cash Refund

When a credit memo or cash refund transaction is saved for a sales transaction, the SuiteApp performs the following:

• Copies the G/L debit entry for the mapped sales return account.

• Creates a corresponding adjustment G/L credit entry in the sales account.

To view the G/L entries for sales returns, open the credit memo or cash refund transaction record, and then go to Actions > G/L Impact.

The SuiteApp also works for transactions imported through CSV or Web Services.

Related Topics

Sales Return Accounting Overview

Installing Sales Return Accounting

Enabling Required Features for Sales Return Accounting

Configuring Sales Return Accounting Custom G/L Plug-in

Creating Sales Returns Account Mapping

Sales Return Accounting Roles and Permissions

General Notices