Post Returned Items

Use the Post Returned Items function to complete the returned item processing. Any records with a status of 'Approved' can be processed and will be listed on the posting log. This feature is only available if the Return Items Direct to Stock business rule is set to 'No'.

Posting returned items updates the Inventory and Warehouse Management history and creates the appropriate GL Journal entries.

The cost for each line item updates these accounts:

Account	Entry
COGS	Credit
Inventory	Debit

The inventory and COGS accounts come from the account code assigned to the item, if you are interfaced to Inventory and you selected an inventory item. If you selected an SM description item, the inventory and COGS accounts come from the accounts set up for that item. If you entered a miscellaneous item, the inventory and COGS accounts come from the defaults set up in the AR Business Rules or the COGS account can come from a Sales/COGS account code.

You also can manually select the sales, COGS, and inventory accounts when entering the sales order return.

Inventory quantities will be updated with the returned quantity of the items being posted.

1. Print the returned items journal.
2. Select the Do the following then check the box check box.
3. Enter comments for the post, if applicable, in the Comments field.
4. Click a command button to 

Click	To
OK	Begin processing.
Activity	Display the Activity Log to view posting activity.
Reset	Set all fields to their default values.