Hi,
I would like to know whether there is a way to record the details of Material Return from Projects (Fixed Price)
Project
Item Code and Description
Date of return
Reasons for return.
How organisations handle this cases?
regards
Thomas Philipose
Item requiements are generally posted for inventory consumption. How did you transferred the item? Please give more detail about the process/Business requirement.
Pranav…
Hi,
We are an Engineering Services Company. We execute Water Treatment Projects. From Design to Commissioning.
Suppose we get a Project, then we do the Design and based on the design, our Design Engineers will put all items needed into Item Requirements form and then run MRP to procure the materials.
Once the Materials are procured, we might send it to the Project Site or we may use it in our Factory for Fabricating Finished Products to be used in Project.
Now, assume we had put an Item X in Item Requirements form and then we posted the Packing slip and the Material is issued to the Project site, but since it was found defective or not suiting the specification, we asked the Site team to return it to the Stores.
Once we receive the material we need to have a Form where we can select the Project and further select the items issued against it, so that we can initiate a Credit note process and someone will approve the same and later it will be posted
Hope this is clear
regards
Thomas Philipose