Refunding a Purchase Credit

If a supplier pays you back the value of a credit note, for example because the invoice it relates to has already been paid, record the money received as a refund on the Purchase Credit. You can refund all or part of the credit.

Record a refund on a Purchase Credit

1. Open the posted Purchase Credit and click Refund.
2. In the Create Refund window⁽¹⁾, enter the Date you received the money and the Amount (it defaults to the balance outstanding), and choose the Bank Account it was paid into. Check the Currency Exchange Rate and, if necessary, add a Payment Reference.
3. Click Pay⁽²⁾ to record the refund.

Aedon creates a Purchase Refund and reduces the Purchase Credit’s balance outstanding. You can see it on the Refunds & Audit History tab. When the money shows on your bank statement, reconcile it on the bank account’s Reconcile tab.

The refund must be paid into a bank account in the same currency as the Purchase Credit.

Related articles

• Purchase Credit
• Purchase Refund
• Making Changes to a Purchase Refund