Yes. If you cancel an order for a product that uses inventory tracking, the inventory will automatically be credited back. Note that if the item is under an approval plan, the inventory will not be returned if the order is denied. It will only be returned when the item is marked to be cancelled.
Article ID: 329, Created: April 23, 2013 at 10:25 PM, Modified: February 14, 2020 at 5:30 PM