Create a Purchase Vendor Credit

Creating a Purchase Vendor Credit (PVC) is essential for managing returns or credits to Vendors, ensuring accurate inventory and financial records. The steps are as follows:

1. Navigate to Inventory > Purchases > Data Entry and select the Purchase Vendor Credit item. sapphire one will display the Purchase Vendor Credit Entry screen ready for data entry.
2. Enter the Vendor ID, Date In, and Arrival Date.
3. Add Inventory items by selecting the green + button or use the Command / key combination.
   • Use wildcard search options or type part of the product name followed by the @ symbol to search for the Inventory ID.
4. Verify the Quantity of the items to be debited to the Vendor.
5. Verify the Pricing as prices may have changed since the items were purchased from the Vendor.
6. Save the Vendor Credit by clicking the green tick on the main toolbar.

Alternate Method – Reverse Transaction

1. Navigate to Inventory > Purchases > Inquiry and select the Transactions item.
2. Select the posted PVI that you wish to reverse.
3. Go to Sapphire Tools, select Process, and then select the Reverse Transaction item.
4. An alert will be displayed asking for confirmation of the reversal procedure, indicating the number of transactions to be reversed.
5. Select Yes to complete the reversal procedure.

For more detailed instructions, please refer to the Inventory > Purchases > Purchase Vendor Credit article.