Sales Return
Return against an original invoice with full reversal.
New Sales Return
Auto from conversion: 5 × 25 KG
Auto-posting (conceptual)
- Stock Ledger IN entry at original cost (re-salable) or to Scrap
- Dr Sales Returns / Cr Accounts Receivable (or Cash if refunded)
- Cr Cost of Goods Sold · Dr Inventory — reverses profit for the returned quantity
- Customer Ledger credit reduces outstanding receivable
CLIENT CONFIRMATION REQUIRED — Should a returned steel item always go back to saleable stock, or be quarantined for inspection first? Scrap valuation method also needs confirmation.
Return History
| Return # | Date | Invoice | Customer | Product | Qty | Weight KG | Amount | Reason | Settlement |
|---|---|---|---|---|---|---|---|---|---|
| SR-014 | 2026-09-18 | INV-1042 | Al-Madina Fabricators | MS Rectangular Pipe | 5 PCS | 125 | PKR 37,000 | Bend / damaged in transit | Adjusted against customer balance |