Business Central: Advanced Refund Generation

The Advanced Refund extension helps your account receivables team process customer refunds quickly and efficiently.

Setting up the extension is simple and straightforward.

The extension provides an option to automatically create vendor records for each customer if one does not already exist freeing up your receivables team from tedious manual vendor creation.

Users will enjoy the ease of identifying and processing customer refund information directly from the Cash Receipt Journal page. The system also provides the flexibility to filter the customer ledger information used to populate the Cash Receipt Journal entries.

The Advanced Refund engine checks each customer balance, populates invoice entries in cash receipt journal for the credit amount, and applies these debit entries with the credit amount against the customer.

With Advance refund processing Payment Journal lines will be created for the corresponding vendor in the Payment Journal automatically when processing the customer credit to AP from the Cash Receipt Journal.