Issuing Inventory for an RTS
The second option for processing RTS items is to set Inventory Issue to Yes in RTS Maintenance (11.7.3.1). This means you are issuing inventory and not tracking the returned item in the database.
Setting Inventory Issue to Yes is similar to processing a sales order shipment or RMA shipment. When the shipment occurs, the inventory is reduced and you no longer have visibility of it. When you set Inventory Issue to Yes, the inventory ships from the customer return site and is no longer visible within your application database.
Inventory Transactions Generated with Inv Issue = Yes
|
Transaction
|
Debit Account
|
Credit Account
|
|
RCT-PO
|
PO Receipts
|
Inventory
|
Both a return to supplier and a receipt from supplier create the same transaction type (RCT-PO). The only difference is that the quantity is negative for a return.
Note: Whether you are performing inventory issues and receipts or transferring inventory, the features of the Regulatory Attributes module that affect purchase orders also apply to RTSs. This includes the ability to modify inventory attributes upon RTS receipt and lot-control level. The value of Single Lot per PO Receipt affects an RTS only when inventory issue or receipt is Yes.