I have not been able to find a successful method for this yet.
Wrong stock item was issued to a project/cost budget. The correct item has since been issued, but trying to remove or reverse the wrong item out of the project. I can do a receipt or adjustment back into stock on the inventory side if needed, but I am unable to determine how to reverse the issue project transaction to correct the project.
Thank you,
Greg
Following. Likewise, interested in others experience with this type of transaction and generally about the management of INVENTORY with respect to PROJECTS.
You’re situation sounds like it will be a common situation for others.
Thank you
Greg
We now do a two step process to Return to Warehouse:
We do a RETURN Issue. We create a new Lot/Serial Nbr. (the old one as used at time of Issue and no longer exists) - this un-Issues the item. This keeps it on the original project. I then transfer from the project to X (our warehouse).
If you are also returning it to the vendor - I open the original PO Receipt. Select the item to return, return the item. Now it is no longer on the PO.
Apparently, it requires an adjustment or a return issue to put the inventory back to on hand but it leaves the project allocation. So, now you have to do a transfer to move it from project allocation to non-project stock.
We are accomplishing this with a Inventory Receipt, and reason code specific to a Project return.The inventory comes off the project and back into the warehouse in a designated location for either transfer to stock locations or in the case of a future work order due to it being unable to be installed at the time it would be sent back out on a new shipment. We have also utilized Goformz to simplify the process and create the Receipt.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
