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Former Member
May 24, 2012 at 08:19 AM

Valuation of stock during vendor return



We did GR of 100 Qty, out of which 10 got rejected. We moved this to blocked stock and then scrapped it, other possibility is we could have sent rejected mat. back to the vendor via 122. But MIRO has already been done and we have raised debit memo to vendor for 10 qty.

The stock valuation is happening for 100 Qty. Actually it should be 90 Qty.When we scrap, there is no reference of the material document, when we do return PO 161 there is not material document reference. So th stock doesn't get reducded reference to this GRN.

What shall we do?


Amit Sharma