Insurance / vendor return / cash refund
What is the best way to log in a product claimed via insurance? To elaborate one of our products were damaged in transit, we've claimed the same using our insurance and received a cash refund. Now, we'd like to account for this in the system. I could do an Inventory Adjustment and reduce the stock but I think it's more than that. What about a vendor return authorization? Unfortunately we can't do a cash refund for VRA only bill credit.
Any suggestions would be much appreciated.