Construction: Process to remove/return item issued to project

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. 

@gbrazelton14 - I found that you could go to the inventory Issues and click on the Batch Nbr. and the new *** (three dots menu) in 2021 R2 includes the option to “reverse” and “reclassify” which may be the answer for you. I’ve not done any testing on reversing inventory “issues” to a Project (yet).   

Thank you @johnshaddix38  - I will need to check that out in 21 R2 - I think what I finally did was a Reason Code (type Receipt, account was actually the COGS account used in the original issue) Looking forward if 21 R2 has the slicker Reverse option.

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.