I'm having a bear of a time...
Problem 1:
In November 2018, I created two purchase orders for shirts that were being manufactured.
In January 2019, I needed to pay a deposit on these two purchase orders. I created a bill by applying the PO's. When I created the bill & wrote the check to pay the deposit (1/2) , it showed all the items as received. We did not start receiving product until late January and we just received the remaining product this week.
Problem 2:
As production started on the 2nd PO, we found the yield on the shirt quantities was reduced significantly from the qty in the original purchase order.
Compounding factor:
Since payment of the deposit and incorrectly receiving all items we have sold several of these shirts.
Can I cancel or change receipt of the inventory after a bill has been paid? If this can be performed, can I amend the purchase orders to reflect the correct quantities and amounts and then re-apply the payment? Will this affect the cost of the products already sold?
I would be grateful for any assistance or advice. Thanks!
