Exact Cost Reversing Mandatory

samblue600

May i know wat is the use of Exact Cost Reversing Mandatory, can some one explain how to post return order if "Exact Cost Reversing Mandatory" is checked.

Thanks & Regads
Sam

DaveT

Hi Sam,

ftom the help...

A check mark in this field indicates that the program will not allow a return transaction to be posted unless the Appl.-from Item Entry field on the sales order line contains an entry.

This function is used when the company wants to apply an exact cost reversing policy in connection with sales returns. This means that the sales return is valued at exactly the same cost as the original sale when being put back on inventory. If an additional cost is later added to the original sale, the program updates the value of the sales return respectively.

Does this clear it up for you?

AdamRoue

It balances your inbound and outbound costs exactly.

This means if you ship an item, and the customer wants to return it, even if you are not serial/lot controlled you HAVE to tell the system the outbound shipment reference to it can find the cost and apply it correctly. If you did not do this and you have a FIFO or Average costing environment then you will get costing differences between the same item being shipped and then returned (same is true of purchase and purchase retruns).

Deep

This is same as the manual application process.
Applying the positive entry to the original negative entry and vice-versa.