About Inventory Returns

Updated by Cheryl Wallace

Inventory Returns is part of the add-on Purchasing module. This feature is used to review returns of goods or inventory to the vendor generated using Create Return. Each return shipment of inventory that was previously received into stock is from a single stocking point to a single vendor. An optional return slip can be printed to be used as a packing slip to accompany the shipment to the vendor. The return code, or reason for the return, must be specified for each item being returned.​​

  • Any bulk or consumable inventory is removed from stock with an inventory adjustment.
  • Any serialized inventory is retired with the specified status.

Use page to view past returns or quickly print a return slip for a specific return.

Once an inventory return is created, it cannot be cancelled or deleted. Inventory can be put back in stock however. For serialized items, reinstate the retired item. For non-serialized inventory, create an inventory adjustment.

Related Reports
Return Slip
General tab

Return No

Sequential system-generated number assigned when the return was created. Read Only.

Stocking Location

Stocking location for the item(s) returned.

Vendor

The vendor the inventory was returned to.

Return Date

Date of the return.

Inventory Status

The inventory status used to retire returned serialized inventory.

Currency

The currency of the original PO or invoice.

Invoice Number

Invoice number of the return, if entered on the return.

Shipper

Name of the shipper of the return, if defined.

Way Bill No

Waybill number from the return shipment, if entered.

Notes

Any notes associated with the return. Can be entered after a return has been sent.

Items Returned tab

Part Number

Displays the part number of the item that was returned.

Description

Displays the description of the the item that was returned.

Item ID

Displays the Item (Primary) ID of the item that was returned.

Qty Returned

Displays the amount of the item that was returned.

Purchase UofM

Displays the unit of measure of the purchase before the return.

Conversion Factor

Conversion factor of the item as chosen on the return.

Return Code

Displays the reason for the return, based on return codes created.

Cost

Displays the cost of the item.

See also:

​Copyright © 2020-2024 ToolHound Inc. All Rights Reserved.

How did we do?