Purchase Order Return for FIFO Costing Layer

Summary

Purchase Order Return for FIFO Costing Layer

Content

Is there a way to reverse/deplete the exact cost layer created by a PO Receipt in a FIFO Costing environment?

There could be instance where users might receive the product into inventory but realize later that they need to return it, either because they received by mistake or because the product was damaged. When we process the return to supplier, system is depleting the first available layer and not the exact layer that the PO Receipt created.

Can we deplete the exact layer? Or to be generic, is it possible to adjust the quantity in a FIFO layer?