Define: Returns Outwards

UK Accounting Glossary

Definition: Returns Outwards

Quick Summary of Returns Outwards

Returns outwards are goods returned by the customer to the supplier. For the supplier, this results in the following accounting transaction: A debit (reduction) in revenue in the amount credited back to the customer.

What is the dictionary definition of Returns Outwards?

Dictionary Definition

Refers to goods returned by an organisations to it’s suppliers, usually because they are of unsatisfactory quality.


Full Definition of Returns Outwards


Returns Outwards FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Returns Outwards. Payroll & Accounting Heaven Ltd. November 19, 2019
Chicago Manual of Style (CMS):
Returns Outwards. Payroll & Accounting Heaven Ltd. (accessed: November 19, 2019).
American Psychological Association (APA):
Returns Outwards. Retrieved November 19, 2019, from website:

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This glossary post was last updated: 4th May 2019.