We use Inventory Valuation Method = Weighted Average (on Apps9) and we receive inventory parts from a PO and we match the supplier invoice and pay the supplier. Then the supplier sends us a credit. Our Supplier Invoice Consideration = Transaction Based and we would expect this credit to update the inventory value of the part. How should this credit be processed? We have never set up any type of “supplier credit” series but maybe this is possible?
Best answer by Adam Bereda
How did you match the credit note against receipt? Did you use price adjustment?