Returning Finished Product Inventory

Notes

• Once finished products have left the bonded space, the TTB does not allow DSPs to return those products to the bonded space unless dumping the case; in these cases, DSPs must apply for an excise rebate claim to avoid double-paying federal excise tax.
• Direct returns for resale are never permitted. Whiskey Systems does not facilitate direct returns. Instead, users are encouraged to utilize Tax-Paid Warehouses to hold the finished products returned and to follow the process below to add the finished products to inventory.

Requirements

• A tax-paid warehouse. To create a tax-paid warehouse: Warehouse Setup (Read Time: 3 mins)
• Tax-paid finished goods. To create tax-paid finished goods: Create Tax-Paid Inventory (Read Time: 2 mins)

Receive Tax-Paid Finished Goods

Whiskey Systems users will utilize the Adjustment function to record the receipt of returned, tax-paid product. 

• Navigate to Logs & Reports/ Finished Goods Inventory
• Find the product received. Note that inventory may be filtered by any column, including warehouse, to limit the items displayed.
• Click Adjust from the actions on the left
• Enter the new total inventory information (quantity, value) and click Next
• Confirm the details displayed and Submit

Review Receipt

The adjustment may be viewed in the Adjustment Log: Finished Product

• Navigate to Logs & Reports / Whiskey Systems Logs
• Select Adjustment Log: Finished Product