Returns Variance Reconciliation
Why is Returns Variance Reconciliation Automation Important?
The purpose of Returns Variance Reconciliation is to identify the detailed differences between retailer product return Debit Memos vs. the Credit Memos issued by the manufacturer for errors in RMA, SKU, NDC, Lot Number, Quantity, Serial Number, and Pricing. The objective of this matching and reconciliation process is to ensure that the amount claimed and deducted is correct.