Ginesys HO > Sales & Distribution > Operations > Invoicing > Sales Return
Ginesys POS > Back Office > Transactions > Goods Return
Background:
This issue is regarding sales return entries being made in Ginesys ERP against Goods Return Transactions from franchise sites (MS-CO-OM-TS)
Observation:
Rate picking logic at the time of making a goods return(GRT) entry in POS application could be "As per last received" or "As per Pricelist"
Rate picking/Invoice resolution logic at the time of making a sales return entry against the POS GRT could be based on
Adhoc (As per price list)
FIFO Basis
LIFO Basis
The application of charges is based on the price list tagged for the franchise site
There could be cases where a rate mismatch could happen between above mentioned transactions such as,
Same item sold to Franchise at multiple prices in multiple sales invoice, now franchise returns all the items at "Last Received Price", In HO, while sales return entry was created, invoices were resolved as per LIFO/FIFO method
Since charges application while making a sales return entry is based on price list and not on the basis of charges in the GRT from POS Site, mismatch of amount can be observed. etc.
This could lead to misinformation in view of auditors, also reconciliation will be a tedious task if volume of such transactions are huge
Also, data for franchise sites are posted in EMG, there also it would be difficult to reconcile such transactions.
There should be an option to create sales return entry as per same amount of GRT.
Module:
Ginesys HO > Sales & Distribution > Operations > Invoicing > Sales Return
Ginesys POS > Back Office > Transactions > Goods Return
Background:
This issue is regarding sales return entries being made in Ginesys ERP against Goods Return Transactions from franchise sites (MS-CO-OM-TS)
Observation:
Rate picking logic at the time of making a goods return(GRT) entry in POS application could be "As per last received" or "As per Pricelist"
Rate picking/Invoice resolution logic at the time of making a sales return entry against the POS GRT could be based on
Adhoc (As per price list)
FIFO Basis
LIFO Basis
The application of charges is based on the price list tagged for the franchise site
There could be cases where a rate mismatch could happen between above mentioned transactions such as,
Same item sold to Franchise at multiple prices in multiple sales invoice, now franchise returns all the items at "Last Received Price",
In HO, while sales return entry was created, invoices were resolved as per LIFO/FIFO method
Since charges application while making a sales return entry is based on price list and not on the basis of charges in the GRT from POS Site, mismatch of amount can be observed. etc.
This could lead to misinformation in view of auditors, also reconciliation will be a tedious task if volume of such transactions are huge
Also, data for franchise sites are posted in EMG, there also it would be difficult to reconcile such transactions.
There should be an option to create sales return entry as per same amount of GRT.
-Raj Choudhary | BA
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