Scrap credit from scrap yard

Kinetic ERP
1

In the course of our operations, we often receive legacy components from customers, which we are authorized to scrap following the production of their replacement parts. Upon receiving the proceeds from the scrap, we currently perform a manual journal entry to allocate the funds to the appropriate GL account.

Is there a way to automate this process within Epicor, either through standard functionality or a custom workflow?

Any guidance or recommendations would be sincerely appreciated.

2

Are those parts received into Epicor via a PO or RMA?

3

No we are not currently doing either.

4

The first thing that came to mind on how to handle this was to receive it at $0 with an RMA or PO and “Sell” to the scrap yard on a SO.

5

I think that might work. We will try this out tomorrow and I’ll let you know how it worked.