This is an example where a stock item was ordered, the customer changed their mind and returned the item.
Product : Description : Quantity : Price
PPBNC8 - 8 Port BNC Patch Panel : 1 : 44.99
Original Subtotal ($44.99) minus 15% : 38.24
TOTAL REFUND : 38.24
This is an example of a return/refund where the original transaction received a quantity discount.
Qty. 100 of an item is purchased and then qty. 10 of that item is returned.
Original Item - Qty. 100 Purchased
Stock Number: PPD16-BNCB75IS
1-9 $98.83 ea.
10+ $93.89 ea.
25+ $91.42 ea.
50+ $88.95 ea.
100+ $86.48 ea.
Product : Description : Quantity : Price
PPD16-BNCB75IS - 1RU 16 Port BNC Patch Panel : 100 : 86.48
10 Panels returned at $86.48 each minus 15% = 735.80
90 Panels kept at proper price increase of $2.47 per panel = -222.30
TOTAL REFUND : 512.78
The Qty. 10 panels being returned were purchased at $86.48 each and are
subject to the 15% restock fee
- total credit for the 10 panels returned is
$735.80 ($864.80 - 15%).
The 90 panels not returned should have been $88.95
each (not the 100 rate of $86.48)
- the difference is $2.47 per panel - at
90 panels that total is $222.30 (90 times $2.47).
VADCON, Inc.
PO Box 92414
Rochester, NY 14692
Phone: 800-899-9855
Fax: 888-686-4686
