Does anyone know how to manage a mismatch between ...
# accountingn
Nicolas Bean
05/25/2021, 1:18 AMDoes anyone know how to manage a mismatch between an ownership transfer and a receipt? (ex: ownership transfer = 15 @ 10 but the receipt is 12 @ 12) -> the accounting impact will be off
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Jono
05/25/2021, 2:33 AMthe variance would be sitting in goods in transit account?
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KevinJ of Kansas
05/25/2021, 2:07 PMIf the 3 are lost forever, I'm doing an item receipt for the 15, and then inventory adjusting out the missing 3.
KevinJ of Kansas
05/25/2021, 2:07 PM(if you need to, do two separate item receipts - one for actual and one for the "lost in transit")
KevinJ of Kansas
05/25/2021, 2:08 PMgranted, if the vendor invoices for 12 instead of 15, then you've got a different problem
KevinJ of Kansas
05/25/2021, 2:08 PMand then instead of inventory adjusting out the 3, I'm doing a vendor credit (which will remove the 3)
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Nicolas Bean
05/25/2021, 6:59 PMright, but the thing is that an ownership transfer doesn't show up as "inventory" if i'm not mistaken? so if we do an inventory adjustment it'll hit the inventory account + the adjustment account