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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / which return transacti...
Microsoft Dynamics GP (Archived)

which return transaction entry type should i use in case of updating supplier amount only

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Posted on by Abdo Khoury 14,855

Dear 

I created a receiving for a PO and invoiced it using Shipment/Invoice, one the PO i had applied tax but when i did the Shipment/Invoice i forgot to add the tax and i posted it , the tax has nothing to do with the goods current cost , 

i just need to reverse the supplier payable amount , which of the below would benefit me in this situation if i need to do a Return Transaction entry 

  • Return
  • Return w/Credit
  • Inventory
  • Inventory w/Credit 

everything is correct except the tax on the supplier invoice is missing , please advise

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  • Abdo Khoury Profile Picture
    Abdo Khoury 14,855 on at
    RE: which return transaction entry type should i use in case of updating supplier amount only

    Dear Bill

    thank you for the above , are you referring to a payable transaction entry in solution # 2 , because the PO itself is status closed now ,

    so i assume the only additional invoice i can create is a payable transaction entry

    let me know ,

    thanks a lot

  • Suggested answer
    Bill Campbell Profile Picture
    Bill Campbell 12 on at
    RE: which return transaction entry type should i use in case of updating supplier amount only

    That is good.

    Now, do you have the invoice number to match to this transaction?  

    Two Choices:

    1 - you could simply "VOID" this transaction and recreate the invoice with the corrected Tax.

    2 - assuming that want to keep the orgininal transaction in place - allowing you to drill from the PO transaction to the Invoice - then do not void - but simple create an addition invoice document for the tax amount only.

    We have done this a number of times and it rarely fails us.  Enter the amount of ZERO for the purchase amount, then edit the tax ( blue arrow ) and enter the amount of the taxable purchase ( original document ) and then the system should calculate the tax.

    Watch the distribution - you may have to remove the posting for the AP control - but it should be ZERO and the amount of the posting should only be for the amount of the TAX transaction.

    My preference is 2 - but both would work.

    Hope this helps.

  • Abdo Khoury Profile Picture
    Abdo Khoury 14,855 on at
    RE: which return transaction entry type should i use in case of updating supplier amount only

    That is absolutely accurate, the inventory is correct but the payable amount to the vendor needs to be updated,

    Please advise,

  • Bill Campbell Profile Picture
    Bill Campbell 12 on at
    RE: which return transaction entry type should i use in case of updating supplier amount only

    Clarifying question - Do you just need to update the amount of the Payable to the Vendor?  Is that what I am reading - the inventory details are all correct?  You are not planning to send anything back to the vendor and or get a different invoice from the Vendor?

    Just want to be clear on the question

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