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Separating Sales and Returns on Income Statement

edited Jun 16, 2008 10:28PM in Accounting / ERP 1 comment

I'd like the Income Statement to separately show all Sales as a positive number, and all Sales Returns as a negative number.

There is a single field in the item setup (basic tab) for identifying the Income Account which we have set to Sales.  As a result, when an item is sold and then returned, the net number appears in the Sales account.

It would be nice if there were a separate field under item setup for assigning returns to a different account, e.g. Sales Returns.

1.) Am I missing another way to have Sales Returns appear on the Income Statement?

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