If you need to account for a restocking fee; then please follow the steps below:
How to account for restocking fees
- Set up a new service product called Restocking Fee
- Create a new account code related to stocking fees via Accounting > Chart of Accounts
- Create a sales credit for your customer
- Add the Restocking Fee product to the order
- Choose your new account code in the sales nominal code dropdown
- Insert a negative price value against this line on the credit (ie -10.00 to specify a negative value of $10)