Simple stock transfers are usually in house transfers for those who have multiple warehouses setup on the same physical property. A common occurrence is having a showroom setup as one warehouse and a second warehouse setup in the back to house inventory. This screen is used to make the journal entry and move the inventory all in one-step. If you have warehouses in different locations you will want to use Issue and receive transfers screens, the issue and receive transfers screen will give a two-step documented process and account for inventory in transit.
INV > Transfers > Simple Stock Transfers
To use the Simple Stock Transfer screen to move items from one warehouse to another…
- Date – Enter the date the items are being transferred. This will be the transaction date that will show in the inventory audit trail. Use F9 to display a calendar or tab through for the current date.
- From Warehouse – this is the warehouse the item is being transferred from. Press F9 for a list of warehouses.
- To Warehouse - this is the warehouse the item is being transferred into. Press F9 for a list of warehouses.
- Item – This is the item to be transferred you will only be able to transfer one item at a time from this screen - Use F9 to search for inventory item numbers in the item find screen.
- Quantity - Enter the quantity to be transferred.
- Process Transactions button – Press this icon to transfer the items. After the transaction is completed the item number is cleared and the cursor remains on the item number so that another item can be transferred.
All transferred items can be queried from the INV > Inventory Transactions report you will receive a message telling you the transfer was completed.