You may agree with your vendor to return a purchased item to them. When you have created a purchase return order and are ready to invoice it, you may want to revalue inventory using the unit cost that is connected to the original purchase entry. (The program, by default, values the item according to the costing method – except in the case of a fixed application.)
At this point, you have received the item.
Create a purchase return order for the vendor.
Enter a line for the item you are returning.
In the Appl.-to Item Entry field, click the AssistButton to the right and select the original purchase entry number. This links the purchase return order to the original purchase entry and ensures that the inventory decrease is valued at the original unit cost.
Create a purchase return order for the vendor.
Click Functions, and select
either the Copy Document function or the
Get
Posted Document Lines to Reverse function.
Use the Copy Document function
if you want to copy an entire document, possibly including the
header. The Copy Document
function only enables exact cost reversing when the exact cost
reversing mandatory option is set up in the purchases and payables
setup.
Use the Get Posted Document Lines to
Reverse function if you only want to copy certain lines from
one or more posted documents. The Get
Posted Document Lines to Reverse function always creates
exact cost reversing.
When you use either of these functions (and, in the case of the
Copy Document function, you
have also set up exact cost reversing as mandatory in the purchases
and payables setup), the program creates exact cost reversing by
automatically filling in the Appl.-to
Item Entry field on the lines.
Creating a Purchase Return Order