What postings are done to the G/L for a supplier return and when does it occur

The GL is affected when the supplier return is completed.  

The system posts the following entries to the general ledger once you complete a supplier return:

·         Extraneous costs post to the general ledger accounts specified on the purchasing extraneous cost record. If the purchasing extraneous cost affects A/P Recon, the extraneous cost posts to the default A/P Clearing account for the branch.

·         Allocators post to the general ledger account specified on the allocator maintenance record. The system applies allocators to each item you return based on the cost and quantity of the item. For consignment items with allocators, the system posts any variance due to allocators to the Consignment Variance account.

·         If a detail line affects inventory, the system posts a debit to the default A/P Clearing account based on the extended PO unit cost less discount, and a credit to the default Inventory account. If a detail line does not affect inventory, the system posts to the default A/P Clearing account and the account specified on the reason code record.

·         The system then auto posts the difference between the A/P Clearing account and Inventory account to the Cost Adjustment account.

·         If the detail line is not assigned a reason code, the purchase type affects A/P Recon and the purchase type is set to Expense, the system posts to the default A/P Clearing account and the default Expense account on the supplier branch record. If the purchase type does not affect A/P Recon, the system posts to the account specified on the purchase type record.