This becomes a compliance issue in countries like India and Brazil. With the advent of e-Waybill and e-Invoicing, the Stock Transfer would need to be 'Received' at the destination location before a reverse Stock Transfer can be created. All this has documentation and tax implications as Inter State Stock Transfers are liable to taxes and e-Way bill is mandatory for any Stock Transfer > Rs50000. This leads to unnecessary transactions in the system without any physical movement of goods. This would be seen as a compliance issue by the tax authorities.
to address the above challenge, we would need 'Cancellation of Stock Transfers' to be supported in the application.
Comments
Dear Sujoy Choudhury,
Could you please check and advise if below link describes the function you are looking for?
Canceling Transfer Orders in Dynamics 365 Finance and Operations (alithya.com)
Thank you,
Ban
Category: Inventory
Yes this is a must feature for us and needs to allow cancellation of transfer orders that have had work associated with them as well as we have a number of both advanced and standard warehouses around the country.
Category: Inventory
See Inventory and warehouse management feature "Transfer Order Cancellation". This feature provides the functionality to cancel shipped transfer orders.
Category: Inventory
This is absolutely must to have feature for us, as 60% material from our all plants is being shipped against Stock Transfer Order to our 150 warehoused & branches in 11 states. If any wrong invoice happen again Transfer Order then we have to pass mutiple unnesessary transctions to reverse the stock. The biggest issue of GST & eWay Bill compliances, as we have to receive the material at warehouse end in system (without physicall movement), then we have to create a stock transfer order from warehouse to plant, and then again create invoice from warehouse to plant, which again attract GST. In this whole process, there is no physical movement of material, and we are posting GST, eWaybill (which gets synched with Govt Portal), and from 1st Oct 2020 the e-Invoicing will also start in India, then it will become even major issue from compliance perspective.
Category: Inventory
Hi, this is very important functionality as currently if transfer order is created by mistake then to rectify that we need to create another transfer order from receiving state and in case of interstate transactions, it creates unnecessary tax liability. so, this functionality is much needed to reduce unnecessary tax burden and duplication of work.
Category: Inventory
A great feature, Emami Frank Ross, would greatly benefit from this. This would restrict all unnecessary transactions in D365 created due to adjustments that are made on wrong transfer orders. This feature would suffice the needs of the users and make their daily work more smooth by providing them with the functionality of cancellations of incorrect stock transfers.
Category: Inventory
This is an important and critical feature which should be enabled asap.
Category: Inventory
Very Critical Requirement. Its a must to have. Many tax complexities would get addressed if this feature is made available keeping in mind the impact on inventory costing.
Category: Inventory
This updation is very helpful to us
Category: Inventory
This is a very important functionality and critical for business.
Category: Inventory