We are currently running 3.0.632 and do not use the Vendor return management
module "to cumbersome......". We are an OEM machine builder buying a lot of
one of kind none repeating items to the job. Our Vantage consultant
recommended using a generic material component (zz-material) on all jobs to
accommodate these items. We take raw material into stock only. Does anybody
have procedures developed they would be willing to share that address some
of the following: Material purchased to the job and return to the vendor due
to overshipment, incorrect item, defective material,etc.... How do you
handle these on the A/P side to maintain proper job cost? Create a debit and
wait for a matching credit? Zero dollar replacements? receive against a P.O
and zero dollar invoice? We need a standard that we can apply consistently.
Any help getting the accounting folks off my case would be appreciated.
Thanks
Dan Shallbetter
States Electric Mfg. Co.
module "to cumbersome......". We are an OEM machine builder buying a lot of
one of kind none repeating items to the job. Our Vantage consultant
recommended using a generic material component (zz-material) on all jobs to
accommodate these items. We take raw material into stock only. Does anybody
have procedures developed they would be willing to share that address some
of the following: Material purchased to the job and return to the vendor due
to overshipment, incorrect item, defective material,etc.... How do you
handle these on the A/P side to maintain proper job cost? Create a debit and
wait for a matching credit? Zero dollar replacements? receive against a P.O
and zero dollar invoice? We need a standard that we can apply consistently.
Any help getting the accounting folks off my case would be appreciated.
Thanks
Dan Shallbetter
States Electric Mfg. Co.