Creating GL Entry for Sales Returns

The Sales Return Accounting SuiteApp creates additional GL entries for sales returns. Currently, it supports credit memo and cash refund transactions.

GL Entries for Credit Memo or Cash Refund

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

• Copies the GL debit entry for the mapped sales return account.

• Creates a corresponding adjustment GL credit entry in the sales account.

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

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

Related Topics

• Installing Sales Return Accounting
• Enabling Required Features for Sales Return Accounting
• Configuring Sales Return Accounting Custom GL Plug-in
• Creating Sales Returns Account Mapping
• Sales Return Accounting Roles and Permissions

General Notices