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Vendor reconciliation query

Others 263 views 3 replies

Sandeep Sharma

Accounts executive

552 Points Posted on 20 August 2021

We had made sale to party A in june and they raised a debit note in june but we received material back in july and raised a credit note agst that debit note.. please tell me from which balance this difference of credit note to be adjusted whie preparing vendor reconciliation as on 30.06.21

Replies (3)

yasaswi gomes

My grammar is 💯 good I

7301 Points Posted on 20 August 2021

Purchases and Bank if reimbursement happened

yasaswi gomes

My grammar is 💯 good I

7301 Points Posted on 20 August 2021

Oops, I meant sales since your the vendor.

Nidhi

Chief Accountant

3150 Points Posted on 21 August 2021

From sale as its sales return

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