Returns and close

Step by step

1. Request return Sales Representative

   Sales Representative or Purchasing Manager identifies the original shipment or receipt, direction, party, reason and remaining eligible quantity.

   • Identifies eligible original scope
   • Updates Returns, Return lines, Shipment lines, Goods receipt lines

2. Authorize scope Warehouse Manager

   The eligible owner reviews the requested quantity against original net unreturned scope.

   • Binds quantity and direction
   • Updates Returns, Approval decisions
   ApprovalA person approves before the work moves on.

3. Record movement Warehouse Operator

   Warehouse Operator records actual returned or dispatched quantity separately from the authorization.

   • Records physical goods once
   • Updates Return lines, Stock events, Stock movements

4. Decide disposition Warehouse Manager

   Warehouse Manager reviews whether returned goods restock, remain held, require rework or take another declared disposition.

   • Sets reviewed destination and value effect
   • Updates Return dispositions, Locations, Approval decisions
   ApprovalA person approves before the work moves on.

5. Correct finance Accountant

   Accountant prepares the appropriate credit or correction using the original commercial and carrying basis; Finance Manager decides required approval.

   • Preserves original commercial and posted history
   • Updates Customer invoices, Supplier invoices, Finance corrections

6. Close period Accountant

   Accountant reconciles bank, trade, stock and interface evidence; Finance Manager approves the period close.

   • Reconciles entity cutoff and guarded close
   • Updates Close tasks, Accounting periods, Journal entries
   ApprovalA person approves before the work moves on.

Sales Representative

And Purchasing Manager identify commercial source.

Warehouse Operator

Records movement.

Warehouse Manager

Decides physical disposition.

Accountant

Prepares credits and reconciliation.

Finance Manager

Approves financial changes and period close.