Posting the Cost of Returned Inventory

When processing returned inventory in GoldFinch, it's essential to apply the correct cost to the return transaction. Follow these steps to ensure accuracy when posting the cost of returned inventory:

Update Unit Cost on Sales Lines

Option 1: Apply the Original Sales Invoice Line

• On the Sales Line, select the Applied From Sales Invoice Line to reference the original cost of the shipped inventory.

• This links the return to the original sales transaction, ensuring the cost of the return matches the initial sale.

Option 2: Manually Update the Unit Cost

• Before creating the Warehouse Shipment for the return, manually update the Unit Cost on the Sales Line.

• This step ensures the correct cost is applied to the return transaction, aligning with the original cost of the inventory.

Posting Service Items on Sales Invoices

• For Service Items, GoldFinch will generate different General Ledger (GL) Entries if the Description on the Sales Invoice Line is different, even if the GL Account and GL Variables are the same.

• This helps differentiate between various service-related returns or adjustments based on the description.

Article Posting-the-Cost-of-Returned-Inventory  ·  Last updated September 16, 2025 · GoldFinch ERP Help Center