Procesing RMA with QuickBooks

Feb 21, 2006 1 Replies
R

Hello: I'm using SO with Quickbooks for my accounting. Finally I have been able to do post of all batchs; but, I have a questions.



I have been procesing my RMAs as Transfer In, but when I make Post to QB don't accpet the Batch with this Transfer In, I have converted manually the Tranfer In to Purchase Order and I have assigned my company as supplier and client. The problem is in QB, this RMA figured as 0 and don't credit chardges apply to my vendor. Today, a supplier give me a Credit Memo, and I don't know as register the exit of these products not to affect the inventory.



Some idea?



Thanks



Patricio


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J

Patricio,

A credit memo is an accounting function, not a inventory one. It would be entered into QB as a credit against your vendor's account payable.

If you used the Transfer Out to return the items to the vendor (which you should have), then items are no longer in your Inventory database.

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