Problem: An erroneous write-off of the item was made. How to correctly display the adjustment of this operation (reflect the reversal of
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write-off done by mistake)?
Solution: Do following steps in the FirstBit system:
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The inventory may have been written off using “Inventory Write-Off” document (Warehouse - Stocktaking documents - Inventory Write Offs).
Example:
It Writing off might be checked with Stock Balance by Warehouse report (Warehouse - Reports - Stock Balance by Warehouse) with filtering by Warehouse, Entity, Item (Batch and Characteristics if needed):
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2. Review and correct the data if necessary, and either:
Edit the document - in case if document was posted by mistake partly, or Delete the document (More Actions - Toggle deletion mark) if it was created by mistake.
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Option 2: If the Write-Off Has Been Posted in closed period or Requires Reversal
Create a reversal document:
Go to Warehouse - Stocktaking documents - Inventory Receipts.
Click Create to add new one Inventory Receipt document.
Fill in the following:
Entity
Warehouse (to which the item should be returned)
- Department
Item and quantity (exactly as written off)
Accounting account, if required
Indicate the reason for return, e.g., “Correction of erroneous write-off”
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In the Receipt Reason field, reference the original write-off document (for traceability).:
Step 3: Verify Postings and Register Movements
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