Creating a Purchase Refund

A Purchase Refund is always created from the transaction the supplier is refunding: a Purchase Credit or a Purchase Payment on Account. You can’t create a refund on its own.

Create a Purchase Refund

Open the posted Purchase Credit (from the Purchase Credits tab) or Purchase Payment on Account (from the Purchase POAs tab) in Aedon.Purchases, then:

1. Open the posted transaction 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 transaction’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 transaction.

Related articles

• Purchase Refund
• Refunding a Purchase Credit
• Refunding a Purchase Payment on Account