When there's a return transaction from your customer, you might face a situation where the customers want to exchange the returned product for another one but your products that are used as a substitute for the returned products are out of stock. To avoid this situation, you can set the returned transactions amount to be stored as a store credit. So your customer can make a deposit amount based on the returned product's amount as store credit and can make an exchange to other products using the stored credit amount. You can follow the steps below to make a return transaction stored as store credit.

Table of Content :

I. Create Customer Deposit as a Product for the Stored Credit

Step 1. Create Prepaid Point Product

Create a product named "Customer Deposit" and use Prepaid Point for the Customer Deposit product's type.

Customer Deposit

Step 2. Setting Product Point and Expiration Date

You must set the product point as 1 to make the stored credit amount equal to the returned product amount.

Customer Deposit Point

You must also set the loyalty point's redeem point value to 1 to make the value from 1 point equal to the returned product's amount.

Loyalty Point Configuration

II. Select Invoice to Refund through Sell Menu

Step 1. Make a Transaction with Prepaid Point Product

Go to the Sell menu, click on the Return button, input the invoice number to be returned.

Return Transaction

Step 2. Add Customer Deposit Product to Cart

Input the Customer Deposit product to the cart and change the quantity based on the total amount of the return transaction as a stored credit to the customer.

Customer Deposit Input

Notes :

The credit will be added to the customer contact.

III. Using the Stored Deposit Balance for Next Transaction

Selects the customer name from the previous return transactions, then click on the Loyalty Point to use the stored deposit point as payment.

Loyalty Point Used

The new transactions will be paid by using the stored deposit from previous return transactions.

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