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 will, by default, value 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.
Creating a Purchase Return Order