Scrap Returned Items

Jonathan2708
Jonathan2708 Member Posts: 552
edited 2009-01-12 in NAV/Navision Classic Client
Hi,

I just need a bit of advice on handling returns of items from customers. If an item returned from a customer is faulty and beyond repair, the item will be scrapped. In this case the item would be booked in off the return order using 'Inventory Value Zero'=Yes.

My question - is there a way of taking the item out of inventory as scrapped, other than using a normal Negative Adj. item journal? I'd like something that can post to a different G/L for scrapped items.

Any help appreciated,

Jonathan

Comments

  • umabhuwaneshwari
    umabhuwaneshwari Member Posts: 1
    Hi,

    One idea would be to have a separate location created called "scrap" to which all scrap materials can be transferred. Then a revaluation of the scrap location can be done to bring about the required adjustment to the G/L accounts.

    Thanks,
    Uma
    Regards,
    Uma Bhuwaneshwari.R
  • Deep
    Deep Member Posts: 569
    Hi,

    You can receive the return order at a separate location (Scrap, for example).
    but still you need to post a negative adjustment to write off the inventory from the scrap location.

    You can also think about posting a Sales Credit Memo via invoicing the Sales G/L account with some approprite reason code. This way all your accounting entries will get reversed (other that Inventory accounts).

    But passing a writeoff using item journal is all time a better way.
    Regards,

    Deep
    India

Categories