Exchange Sale in Nav

navuser1navuser1 Member Posts: 1,329
Dear All,

How does Nav handle Exchange Sales ??

Thank you.
Now or Never

Comments

  • ssinglassingla Member Posts: 2,973
    What do you mean by exchange sale?
    CA Sandeep Singla
    http://ssdynamics.co.in
  • navuser1navuser1 Member Posts: 1,329
    Company (A) sells an Item (Bicycle) to a Customer (B) and gives him a 1000 pound off because the Customer (B) sells his Old Bicycle to the same company (A) in free-off cost

    --It's an example of Exchange-Sale.
    Now or Never
  • rhpntrhpnt Member Posts: 688
    Your example makes no sense. As I understand "exchange" or "compensation" sales are goods-for-goods transactions used for avoiding payments. In general these are standard sales and purchase procedures the only difference is in closing customer and vendor ledger entries. This can be done manually and is solely a financials/bookkeeping department issue.

    Correct me if I misunderstood something.
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