to search.
Use the Returns Code F/M program to create and maintain a list of returns codes that the systems uses to determine if goods returned should be categorized as returns or allowances. Returns codes are entered in the Credit Memo Entry program.
If the goods are a return, then on-hand quantities are updated in the Credit Memo Entry program. If the goods are an allowance, no inventory quantities are updated. Both returns and allowances are posted to the General Ledger based on the GL numbers assigned to them in the SO to GL Posting F/M.
Use the following fields to create and maintain returns codes:
1. Returns Code
Enter a returns code (up to two characters). Press F2 or
to search.
2. Description
Enter the returns code description (up to 30 characters).
3. Return/Allowance
Enter whether the type is a R-return or A-allowance returns code. This flag determines whether to update the warehouse on-hand quantity in the Credit Memo Entry Program (R updates on-hand quantity) and which G/L number to use when posting to general ledger in the Daily Sales Register.
For more detailed information on file maintenance programs, consult the following topics.