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Returned to Vendor this Period

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The total value of merchandise you returned to the vendor this month excluding memos. To run a detailed listing, run the Report Returned Merchandise option from the Payables Listings & Reports screen. Note that this section does not take into account whether or not you have been formally issued a returned merchandise credit slip, nor whether you have subtracted the return credit on a payment check. The amount is calculated as soon as you enter a return-to-vendor memo.