Select correct period Enter date Select supplier Reference: Original invoice number Description: What did the company buy? Select correct Tax See Annexure (Fixed asset @ cost – capital goods) Key in amount (C) Contra account General ledger account that must be debited Print with contra/ Update
8.36 Processing of returns of general ledger accounts on credit
Journals Supplier Allowance Settings No Contra account Processing: This year Tick Tax Processing Select 01 – Vat Standard rate Default Entry Method Click on Inclusive Increment Reference: No
Select correct period Enter date Select supplier Reference: Original invoice number Description: Reason for return Select correct Tax Key in amount (D) Contra account General ledger account that must be credited Print with contra/Update
