|
|
Inventory Transfer
Inventory Transfer is a two-step function using an interim ‘In-Transit’ Cost Centre. For simple same Site transfers (Location Transfers), this process is carried out in a single transaction. ie: The Issuing Stock is moved out of the Issuing Warehouse / Location and is immediately moved into the Receiving Warehouse / Location.
For Site Transfers, the Stock is moved out into Transit as one transaction and a secondary transaction later is processed to Receipt the stock from In Transit into the Receiving Warehouse / Location
Debit |
Credit |
(Receiving Warehouse) STOCK
STOCK IN TRANSIT |
STOCK IN TRANSIT
(Issuing Warehouse) STOCK |
Warehouse Inventory - (Issuing & Receiving):
The Inventory Warehouse Category Mapping is evaluated first to determine the Inventory Cost Centre for the Item based upon its Category. If no Warehouse Category Mapping rule exists,
then the Inventory Cost Centre is evaluated from the Warehouse of the transaction to determine the Cost Centre for Inventory. If no Warehouse Inventory Cost Centre exists,
then the Stock Cost Centre from the Base Cost Centre Mapping is used
Stock In Transit:
The Cost Centre Mapping By Site is evaluated to determine the Cost Centre for Stock In Transit is based on the From Site of the Transfer. If no Site Cost Centre Mapping rule exists,
then the Base Cost Centre Mapping is evaluated to determine the Cost Centre for the Stock In Transit