Received from Supplier

Usually when customers make payment to the company , use [Receipt] module to bank into the company bank.
 

However, sometimes supplier issue a cheque to make a refund due to a Credit note for returned goods
 
 
 

Watch video : Refund from supplier

When there is a negative outstanding balance in your company's favour, the supplier can/may issue a cheque to zero off the accounts

First Step1 / 3 : At A/c Entry, click Supplier Debit Journal , click [Add]

Step 2/3 : Enter the supplier id, and the information below ( Debit the bank when the cheque is deposited.)
              Remember to set the date where the cheque is cleared. So that it is not a bank reconciliation item

 If your company is GST registered, enter the Tax code as [P] to refund back the GST (at the prevailing rate)

The above entry is to Debit the bank and Credit this supplier.

Step 3/3 : At [Payment] module, click [Add Supp] . The contra amount will be zero, because the Debit Note is used to contra off the Credit Note of the same supplier.

         Enter the information below, (see full amount contra)

http://realtimme.cloudapp.net/basic/index.html?refund_from_supplier.htm
 

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