You can post an inventory transaction as a reverse transaction, rather than as a return. Inventory transactions that are posted as reverse have singular parameters that distinguish them in reports. Ledger postings are performed as reverse transactions.

A cancelation option is available for the following types of inventory journals:

  • Transaction

  • Profit & Loss

  • BOM

  • Item (Project Module)

  1. Click Inventory management> Setup> Parameters.

  2. On the Journalstab, select the Extended verificationcheck box to confirm consistency between financial and inventory dimensions of reverse and canceled inventory transactions during inventory journal validation and posting. Activate this check box to not allow reverse transactions to be posted for dimensions that are different from the reversed transaction dimensions.

    Note Note

    When this parameter is activated, you cannot always determine if there is a complete match between inventory dimensions for the transaction. When different transaction dimensions are used for the reversed lot, journal posting will be performed without displaying the error.

See Also