Credit Momo

Question

I have created an Item
like keyboard,i purchased 100 quantity of key boards(raised PO) raised goods receipt PO for purchased keyboards
some of goods r not so proper i returned to my vendor so, goods are 90
after that invoice have been raised as per that i created Credit memo.and seen in the inventory it was about Zero quantities to keyboard where are 90 keyboards

Answer 1

I assume, you did the following Tranaction in B1.
1. PO is raised for 100 Keyboards                 Stock of Keyboard is 0
2. GRN  is raised for 100 Keyboards               Stock of Keyboard is 100
3. Goods Return for 10 Keyboards                 Stock of Keyboard is 90
4. Invoice for 90 Keyboards                            Stock of Keyboard is 90
5. Credit Memo for 90 Keyboards                   Stock of Keyboard is 0
So the stock is correct.
You should not have done step 5. ie Credit Memo based on Invoice should not have been done.
To verify the Stock postings for that item, open the 'Inventory -> Inventory Reports -> Inventory Posting List Report.' for that item
Edited by: Sridharan T on Aug 7, 2008 11:03 AM