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Inventory Sales Tax [message #175138] Wed, 31 May 2006 23:36 Go to next message
Adnafr
Messages: 2
Registered: May 2006
Location: US
Junior Member
Inventory Sales Tax

In Oracle Inventory, when an item is issued to a project, it is taxed. But when part of it is returned (if not completely used) there is no entry to credit the sales tax.
Another example, when a wrong item is issued to a project, then reversed and the correct one issued, the sales tax on original item that was returned is not reversed out.

Any help in this regard would be highly appreciated.

Thanks very much.
AA.

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Re: Inventory Sales Tax [message #178954 is a reply to message #175138] Fri, 23 June 2006 10:02 Go to previous message
karna_btech005
Messages: 40
Registered: June 2006
Member
hi,
how ur receiving material back to ur inventory from projects.
is it thru debit memo?

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