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Return items to supplier with different unit price

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edited Feb 19, 2020 10:50AM in Inventory Management 6 comments

Summary

Need to return items to supplier with a different unit price due to depreciation. The return has to be supported by a document that we need to match to an invoice.

Content

Hi all

Our customer requirement is to return items to suppliers at a unit price different than the purchasing price. This is because the supplier return would occur after a certain time period from the purchasing, and the item is expected to depreciate. For example, the company bought 100 mobile phones 5 months ago. 80 pcs of mobile phones were given to employees. The rest of the phones, 20pcs, will be returned the supplier. Since the phones(20 pcs) have been losing their value during time, the unit price will decrease.

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