Inventory Transactions for Transfers

Basics

FX EAM generates accounting detail during the processing of a Transfer request.

How It Works

Supplying Warehouse issues stock to a Transfer Out request.

  • FX EAM relieves On Hand Qty at the Supplying Warehouse with a Transfer Out inventory adjustment.

  • FX EAM generates accounting detail for the Supplying Warehouse to record the movement of inventory.

    • Credit to the shipping Warehouse's Inventory Balance GL Account

    • Debit to the shipping Warehouse's InterWarehouse Transfers GL Account

Low stock Warehouse completes a Transfer Receipt

  • FX EAM increases On Hand Qty and decreases the On Order Qty at the Low stock Warehouse with a Transfer In inventory adjustment.

  • FX EAM generates accounting detail for the Low stock Warehouse to record the movement of inventory.

    • Debit to the receiving Warehouse's Inventory Balance GL Account

    • Credit to the receiving Warehouse's InterWarehouse Transfers GL Account