Supplier Advance Payment Return
21 Jan 2021
The process to record funds returned from Supplier is made so easy with Fast Accounts.
1. How to record a Supplier Advance Return
- Go to Expenses
- Select Payments
On the Supplier Payments List, the advance to Supplier will be showing in the Balance Column. From the Action Menu Select Return.
On the Manage Return Screen,
- Enter the Bank details in the header section,
- Enter the Return Amount in the Payment (You can enter a partial Amount).
- Press Save and Close
It’s all Done, Return Transactions will appear with type “RVP” on all the relevant reports.