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NSC | Is it possible to reverse Ownership Transfer?

edited Jun 2, 2025 2:44PM in Accounting / ERP

Scenario

The User utilizes Inbound Shipments and Ownership Transfers for inventory management. Upon receiving an Inbound Shipment, it links to the corresponding Purchase Order.

Occasionally, the User needs to reverse an Ownership Transfer. If the Accounting Period is open, deletion is possible; otherwise, it's not. They can create a Journal to reverse the accounting impact, but it's not linked to an Item, unlike the Ownership Transfer. Consequently, the Item still shows 'Location External Quantity in Transit'.

The User seeks a more effective way to reverse the full impact of the Ownership Transfer.

Solution

Unfortunately, there is currently no standard functionality to reverse

Ivy Lopez-Oracle | Ask A Guru

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