Sales Return (Journal) Book.

 A sales return book, also known as a returns inward book or returns inwards journal, is a book of original entry used to record all goods returned by customers. It is a subsidiary book of accounting, which is used to record all transactions related to sales returns.

The purpose of the sales return book is to keep track of all the goods returned by customers, which helps the business to identify any issues with the quality of the products or any other problems that might arise. It also helps in maintaining an accurate record of sales returns for accounting and taxation purposes.

The format of the sales return book typically includes the following columns:

1. Date of the return
2. Customer name and address
3. Invoice number
4. Product name
5. Quantity returned
6. Value of the returned goods
7. Reason for return

The entries in the sales return book are posted to the sales returns account in the general ledger at regular intervals, typically at the end of the accounting period. This allows for the accurate recording of all returns, which can then be used to calculate the net sales figure for the period.

The sales return book is an important tool for businesses to monitor the quality of their products and to maintain accurate records of sales returns. By keeping track of returns in this way, businesses can identify any trends or issues that need to be addressed, and can take steps to improve customer satisfaction and reduce the number of returns in the future.