Any Impact on Cost method for wrong posting Credit Memo

roshini

Hi Experts!

I am facing one issue, with Credit memo posted wronly with Quantity, Direct Unit Cost Excl. VAT.

How can I correct this entry ??.


details as follows:

Item : Item1 - Costing Method - FIFO

Purchase Invoice details:

Type | No | Quantity | Direct Unit Cost Excl. VAT | Line Amount Excl. VAT

Item | Item1 | 2 | 12500 | 25000
Item | Item1 | 1 | 10000 | 20000


Credit Memo details:

Type | No | Quantity | Direct Unit Cost Excl. VAT | Line Amount Excl. VAT

Item | Item1 | 1 | 25000 | 25000
Item | Item1 | 1 | 10000 | 20000

Here wrong Direct Unit Cost Excl. VAT entered.
I will explain what I did

1) I created Purchase Invoice, detail as follows:

Type | No | Quantity | Direct Unit Cost Excl. VAT | Line Amount Excl. VAT

Item | Item1 | 1 | 25000 | 25000
Item | Item1 | 1 | 10000 | 20000


2) I created Purchase Return Order, detail as follows:

Type | No | Quantity | Direct Unit Cost Excl. VAT | Line Amount Excl. VAT

Item | Item1 | 2 | 12500 | 25000
Item | Item1 | 1 | 10000 | 20000

** I am facing problem with Return order, as I need to input Appl. to Item Entry for quantity 2, ( but first purchase invoice remaining qty is only 1, second purchase invoice qty 1, here I need to enter two lines. If I entered two lines then VAT amount is not caliculating properly), I used copy document to get the lines.

Please guide me......


I tried another option:

1) created Purchase Invoice, with the following:

Type | No | Quantity | Direct Unit Cost Excl. VAT | Line Amount Excl. VAT

Item | Item1 | 2 | 12500 | 25000
Item | Item1 | 1 | 10000 | 20000

2) created Purchase Return Order, detail as follows:

Type | No | Quantity | Direct Unit Cost Excl. VAT | Line Amount Excl. VAT

Item | Item1 | 2 | 12500 | 25000
Item | Item1 | 1 | 10000 | 20000


here I would like to know any impact will be there for:

1) In first credit memo, wrong Direct Unit Cost Excl. VAT was used.
2) and need to negative adjustment for 1 qty in first purchase Invoice


or I would like to know standard process how to solve the above issue.

Best Regards,