Sub-Contract Operation -Auto create an A/P Credit Memo

We perform an Outsource Operation within a job, which we link to a Purchase Order.

We perform the Sub-Contract shipment process to move the item from our facility to the Outsource Vendor, creating the Mfg-Ven transaction within Epicor, so Epicor knows the item is no longer within our facility.

Our plant is in North America and the Outsource Vendor is in Europe, so it takes a few days for the item to arrive at the Vendor.  The vendor then performs the work, and ships the item back to us.  This process can take upto 3 months roundtrip.  We would like to be able to decrease our WIP inventory while the item is not within our facility.

Is there a way to link a G/L Control to the Mfg-Ven inventory transaction type, so we could move the standard cost of the item out of WIP and into a ‘Holding Account’, while the item is outside our facility?

The offset would be the PUR-SUB transaction, when the item is received in Epicor, have the standard cost of the item move back into WIP from the ‘Holding Account'?

This fuctionality would also provide us with a total amount of product that is sitting at our Outsource Vendor location.

Thank you for any insight that can be provided.