Purchase returns is recorded into the unit in which purchase was made. If the goods are returned after the stock is transferred to importer godown/ unit, the purchase returns has to be accounted into importer unit only as the actual stock is available in it.
To record an excise debit note for purchase returns,
Go to Gateway of Tally>Accounting Vouchers> press Ctrl + F9: Debit Note> select Excise Debit Note
Enter the original invoice number and date
In the Used for option select Purchase Returns Or Rejected
Select the party ledger and provide the required information in Party Details screen
Select the purchase ledger with the corresponding VAT/Tax Class
Select the stock item
In the Excise Details screen, select the purchase reference from the List of Purchases and enter the quantity
In the Stock Item Allocation screen, the quantity, rate and amount gets displayed
The completed Excise Debit Note appears as shown below:
Press Enter to accept
'Purchase Returns' has been shared with
