NetTrade Purchase return 'Qty' based return to Supplier for Pharmacy vertical

Purpose:

The mentioned details pertain to specific improvements and issue resolutions in the pharmacy retail outlet store POS system, particularly in scenarios related to Expiry Return, Purchase, and Purchase Return processes. The purpose of these updates is to enhance the functionality, accuracy, and user experience within the system. Let's explore the purpose in each case.

1. Expiry Return Improvements:

• Supplier and Branch Selection: The purpose is to streamline the Expiry Return process by resolving the issue related to loading returns to the supplier as blank. Now, users can easily select the appropriate supplier and branch, ensuring accurate tracking of returned items.

2. Stock Management Enhancement:

• Allow Qty Greater than Actual Stock: The purpose here is to address and resolve stock mismatch issues that may arise when the configuration allowing quantity greater than actual stock is enabled during Expiry Return. This improvement ensures that stock levels are accurately reflected in the system.

3. Purchase Cost Calculation Refinement:

• Mark Up/Down with MRP: The purpose is to resolve rounded-off issues when using the Mark Up/Down option based on the Maximum Retail Price (MRP) during purchases. This improvement ensures more precise cost calculations and financial accuracy for the user.

4. Purchase Return Accounting Enhancement:

• Attribute 'Do Not Affect Landing Cost': The purpose is to resolve account posting discrepancies between purchase and purchase return when using the 'Do Not Affect Landing Cost' attribute in the calculation master. This ensures that the financial impact of returns is accurately reflected in the accounting system.

Benefits:

1. Streamlined Expiry Return Process:

• User-Friendly Operation: With the resolution of issues related to supplier and branch selection during Expiry Return, the process becomes more user-friendly, reducing the likelihood of errors and improving efficiency.

2. Accurate Stock Management:

• Preventing Stock Mismatch: By resolving stock mismatch issues during Expiry Return when allowing quantities greater than actual stock, the system ensures that stock levels are accurately reflected, preventing discrepancies in inventory management.

3. Precise Purchase Cost Calculations:

• Financial Accuracy: The resolution of rounded-off issues in cost calculations during purchases with the Mark Up/Down based on MRP option ensures financial accuracy and transparency in pricing.

4. Improved Purchase Return Accounting:

• Consistent Financial Reporting: The resolution of account posting mismatches in purchase returns, especially when using the 'Do Not Affect Landing Cost' attribute, ensures consistency and accuracy in financial reporting between purchases and returns.

Steps to Configure for the Stock Mismatch in Expiry Return:

Step 1: Go to Tools > Configuration > Configuration

Step 2: Business Configuration screen will appear. Go to Purchase > Expiry Return - Allow Qty greater than actual stock (Enable the Checkbox) > Save.

These updates and issue resolutions aim to enhance the overall functionality and reliability of the pharmacy retail outlet store POS system. Users can expect a more efficient and accurate experience in managing Expiry Returns, handling stock scenarios, calculating purchase costs, and managing accounting aspects of purchase returns.

FAQ's:

1. Expiry Return:
   Q: Can I now select the supplier and branch while processing an Expiry Return?
   - A: Yes, the issue related to loading returns to the supplier as blank has been resolved. You can now select the appropriate supplier and branch during the Expiry Return process.

2. Stock Management:
   Q: What happens if the 'Allow Qty greater than actual stock' configuration is enabled during Expiry Return?
   - A: The system now resolves stock mismatch issues that may occur in certain cases when this configuration is enabled, ensuring accurate tracking of stock levels.

3. Purchase Cost Calculation:
   Q: Has the rounded-off issue in cost calculations during purchases with Mark Up/Down based on MRP been addressed?
   - A: Yes, the rounded-off issue in certain cases has been resolved. You can now expect more precise cost calculations when using the Mark Up/Down option based on MRP.

4. Purchase Return Accounting:
   Q: How does the system handle the 'Do Not Affect Landing Cost' attribute in the calculation master during purchase returns?
   - A: The system now ensures that there are no account posting discrepancies between purchase and purchase return when using the 'Do Not Affect Landing Cost' attribute. This resolves issues in account reconciliation.