Pending File (File 161)

The Pending file is used to track inventory that has been shipped out to third parties but that is still owned by the company.  Pending records are created to track inventory loaned out to customers or sales reps, and to track returns that have been sent back to vendors using the RTV system.   The Return to Vendor system and other returns processing methods can be used to create pending records as goods are sent back to vendors.  The pending records can later be used to create accounts payable invoices for the goods being returned to handle situations where the vendor issues a credit for the merchandise.


Inventory Activity File (File 91)