Author Topic: Returning stock to suppliers  (Read 4399 times)

Offline astrong13

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Returning stock to suppliers
« on: September 13, 2016, 06:55:14 AM »
Hi how do I go about taking items out of my stock to return them to the supplier?
Example  I have 40lb of beets already in ezpower stock I now have to return them to the supplier because of spoilage, how do I do the return to supplier?

Offline ronaldrwl

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Re: Returning stock to suppliers
« Reply #1 on: September 14, 2016, 06:08:44 AM »
I just tested using the Purchase Order function to return stock to the supplier and didn't find any problem.  The stock was returned correctly.

Offline Courtright

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Re: Returning stock to suppliers
« Reply #2 on: September 14, 2016, 06:42:34 AM »
And personally if I return stock to a supplier I will use Inventory Adjust and "Shortage".  This way I can easily track later via Shortage Reports what was taken out, plus it gives me my cost on the product so I know if I shortaged 20 items at a cost of $200 that I better see a credit of $200.  I also can easily print 2  shortage reports afterwards, one for my records and one to send back as a Packing Slip to my vendor.

Not sure which way is better for you but that works great for me
Sunglass Shack
Virginia Beach, VA | Norfolk, VA
www.GlassesInTheMail.com

Offline astrong13

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Re: Returning stock to suppliers
« Reply #3 on: September 15, 2016, 08:38:00 AM »
Thanks guys will show my accountant both way and see which one she likes.

Offline astrong13

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Re: Returning stock to suppliers
« Reply #4 on: September 15, 2016, 09:41:54 AM »
Please explain the process for returns using the purchase order function

Offline ronaldrwl

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Re: Returning stock to suppliers
« Reply #5 on: September 16, 2016, 05:20:09 AM »
Just enter a negative quantity.