jrogerson
Member
Vendor Returns
When doing a vendor return, we enter a negative PO (OC document type). We enter the amount that we expect to receive from our supplier in a vendor return. (This amount appears on the document that we send to the vendor for the return. Our vendor needs to see only the amount that he pays to us per item.) Inventory is relieved of that expected amount and the weighted average cost recalculates inventory removing the expected amount and averaging the difference among the remaining items.
We are using weighted average cost type 02 in our company.
This is a critical issue because of the volume involved in annual returns in our business. There is a significant impact on the weighted average cost of the remaining inventory items when a vendor return is performed. The question is as follows: Is there a way to perform a negative PO where the weighted average cost is not recalculated and can we direct the difference to a restocking account?
We are operating on AS400, Citrix server, Service pack 14.2. Also we are not live yet but will be soon.
Thank you,
Jim Rogerson
When doing a vendor return, we enter a negative PO (OC document type). We enter the amount that we expect to receive from our supplier in a vendor return. (This amount appears on the document that we send to the vendor for the return. Our vendor needs to see only the amount that he pays to us per item.) Inventory is relieved of that expected amount and the weighted average cost recalculates inventory removing the expected amount and averaging the difference among the remaining items.
We are using weighted average cost type 02 in our company.
This is a critical issue because of the volume involved in annual returns in our business. There is a significant impact on the weighted average cost of the remaining inventory items when a vendor return is performed. The question is as follows: Is there a way to perform a negative PO where the weighted average cost is not recalculated and can we direct the difference to a restocking account?
We are operating on AS400, Citrix server, Service pack 14.2. Also we are not live yet but will be soon.
Thank you,
Jim Rogerson