Exchange Sale in Nav
navuser1
Member Posts: 1,334
Dear All,
How does Nav handle Exchange Sales ??
Thank you.
How does Nav handle Exchange Sales ??
Thank you.
Now or Never
0
Comments
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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 Never0 -
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.0
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