About Stock Transfers
Stock transfers are used to record a transfer for merchandise moved from one location to another.
Stock transfers should be posted to a special customer, which should be used only for this purpose. Give the customer a name, such as Transfers and assign it an account number or automatically assign the number. For instructions on adding customers, see Adding a Customer.
To transfer items at cost, the Transfers customer should be set up as a cost-plus customer (discount type P) and should have a discount percentage of zero.
Be sure to create the Transfers customer before you post transfers. Or if you have the ability to add customers, you can create the customer when you post the first transfer.
You should initial-verify the transfer if it includes any backordered items so the backorders can go through the Short-Buy process. Do not final-verify the transfer until all items have been received by the shipping warehouse. The Receipts file and on-hand quantities are updated when the transfer is final-verified. Therefore, you cannot re-verify a transfer.
Transfers are verified in the same manner as orders. For instructions on initial- and final-verifying, see Verifying Orders.
The Transfers fields in the (LGØ) Order Entry Parameters screen also affect the way transfers are handled.
You can create a transfer by entering items manually using the Order action code, or by adding items from the Short-Buys, Restock, or Low-Stock files, which is done using the Release action code.
You transfer items in the Order Entry window.
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