Does anyone have any advice on the best way to correct a Vendor Bill price error in a closed period? Bill Credit and a new Bill in the next open period is causing multiple problems.

Only way to fix thisissue is to open the the period and correct the transaction. Other option is to adjust the discrepancies using correcting JE.

Thanks Sam. I’m not a fan of opening periods once board reports have been published but this seems to be the only way.

Out of curiosity @Dan B what are the problems with a bill credit and new bill in open period?

The item records, GL impact and inventory all have errors / inconsistency. The original bill was one half of a drop ship sale and didn’t impact inventory. The Bill Credit is impacting inventory. NS assumes this is a return of inventory to the vendor.