What is the best way to match a PO receipt with a return when there is not invoice. Currently we are entering a penny invoice, match the receipts and returns, code the penny to PPV and then have to do a Supplier offset to write off the invoice. There must be an easier way.
Solved
Match PO receipts and returns without Invoice
Best answer by Ieva Rituma
Even in your example, I wouldn’t create an invoice for a penny but a zero value invoice (in case the scrap has been done incorrectly, not as per the above suggestion). You can still match the receipt and the return against this invoice, but in this case you won’t need to do the supplier offset part.
+21Hello
I assume you are returning receipt lines with return credit functionality. You can try scrap with no credit.
This will credit Debit-M6 / Credit-M1 transaction.
Create a specific scrap cause for this purpose. And setup your M6 with control type C45 scrap cause.
Match the scrap cause with PPV GL account.
Whenever you will scrap a receipt with this cause, it will post inventory cost directly to PPV GL account so you don’t need to create a fake invoice.
Try this and see if it works for you.
Regards
+16Even in your example, I wouldn’t create an invoice for a penny but a zero value invoice (in case the scrap has been done incorrectly, not as per the above suggestion). You can still match the receipt and the return against this invoice, but in this case you won’t need to do the supplier offset part.
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