Hello Team,

I am new to Zoho books and my business is also new. I have the following situation.

I am supplying some UPS battery to my customer. Lets say (for ex.) it is one lakh INR. At the same time i am buying back the old battery that the customer has for 20K INR. The invoice i have raised to the customer is for the total 1Lakh. However the customer will pay me 80K and issue a debit note from him to me for the remainder of the amount (which is the battery buyback amount). How do i record this?

Continuing the above scenario, i have purchased the battery from my vendor who is also buying back the old battery (which i obtained from my customer) from me. So i want to issue the payment to him minus the battery buyback amount he has quoted. How do i record this?